Examlex
What is the term for chemical messengers that are released into interstitial fluid, diffuse into the blood stream, and act on target cells that are a distance away?
Yield To Maturity
The total return anticipated on a bond if it is held until the end of its lifetime, accounting for interest payments and price changes.
Modified Duration
A formula that predicts the change in a bond's price for a 1% change in interest rates, considering the bond's yield to maturity.
Basis Points
A unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equal to 0.01%.
Declining Interest Rates
A situation in which the general level of interest rates in the economy is decreasing, affecting borrowing costs, investment returns, and economic activity.
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