Examlex
Management development is training of a more long-term nature.
Yield To Maturity
The total return anticipated on a bond if it is held until the date of its maturity, including all interest and principal repayments.
Semi-Annually
Occurring or calculated twice a year, often used in the context of interest payments or other financial assessments.
Face Value
The nominal or stated value of a bond, share of stock, or other financial instruments, typically used as a reference for calculating interest, dividends, or premiums.
Coupon Bond
A debt security that pays the holder a fixed interest rate (coupon) over the bond's life, with the principal amount repaid at maturity.
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