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A person who acquires title by inheritance is a bona fide purchaser for value.
Coupon
The interest rate stated on a bond when issued, which is typically paid at regular intervals until maturity.
Target Date Immunization
A strategy used in fixed-income portfolio management where the portfolio is structured to become immune to interest rate changes as it reaches a specified date.
Horizon Analysis
A method used in finance to evaluate investments by forecasting their returns or performance over a specific future period.
Yield Curve
A graph that shows the relationship between interest rates and the time to maturity of debt for a given borrower in a given currency.
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