Examlex
The M'Naghten rule focuses on the defendant's ability to distinguish right from wrong at the time of the crime.
Capital Gain/Loss
The increase or decrease in the value of an investment or real estate, calculated by the difference between the purchase price and the sale price.
Par Value
The face value of a bond or stock as stated by the issuer, which is the amount paid to the holder at maturity for bonds, or the nominal value of a share.
Semiannual Coupon Bond
A type of bond that pays interest to its holder twice a year at regular intervals.
Market Interest
Refers to the general level of interest rates in the market at any given time, affecting how much it costs to borrow money or the returns on investments.
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