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Term Bond
A type of bond that has a specific maturity date on which the principal or par value is repaid to the investors.
Face Value
The nominal or original value of a security or financial instrument as stated by the issuer, unrelated to its market value.
Specific Date
Refers to a detailed and exact date on the calendar specified for an event or deadline.
Premium
The excess of the issue price of a stock over its par value or the excess of the issue price of bonds over their face amount.
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