Examlex
What are the reasons for unequal distribution of income? List at least six reasons.
Current Yield
Current yield refers to the annual income (interest or dividends) received from an investment, expressed as a percentage of the investment's current market price.
Bond Coupon Rates
The interest rate provided by a bond each year, shown as a percentage of the bond's nominal value.
Minimum TIE
The lowest acceptable Times Interest Earned ratio, a financial metric used to determine how well a company can meet its interest payments on debt.
Restrictive Covenant
A clause in a contract that limits certain actions of the parties involved, often used in employment and real estate agreements.
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