Examlex
Sara explains to the recruiter that she learned about the community era of policing in a criminal justice class in high school. The recruiter explains that his police department has an entire unit devoted to community relations. What would be the main strategic goal of this community policing unit?
Face Value
Refers to the nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.
Bond
An interest-bearing security that obligates the issuer to pay the bondholder a specified sum of money, generally at fixed intervals, and to repay the principal at maturity.
Maturity Date
The due date on which a loan or bond must be completely paid off, including principal and interest.
Interest Earned
The amount of income generated from an investment or the amount of interest accumulated on a financial asset over a period of time.
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