Examlex
In France, those aspiring to be judges have to spend 3 years probationary service at a lower court in order to be eligible for a permanent position after passing the second state exam.
Bondholders
Individuals or institutions that hold the debt securities issued by corporations or governmental entities, entitling them to receive interest payments and the return of principal.
Issuing Corporation
A company that sells or offers its shares to the public or to private investors.
Amortization
The process of spreading out a loan into a series of fixed payments over time, or the gradual write-off of the cost of an intangible asset over its useful life.
Bond Premium
The amount by which the market price of a bond exceeds its face value, typically resulting when market interest rates are lower than the bond's coupon rate.
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