Examlex
The jagged, sharp, and angular blocks that form the surface of some basalt flows is called ________________.
Maturity Value
The amount that will be paid to the holder of a financial instrument at its maturity date, including principal and any remaining interest.
Premium
The amount paid for an insurance policy or the amount by which a bond or stock's value exceeds its underlying or face value.
Market Rate
The prevailing interest rate available in the marketplace for securities, loans, and deposits.
Coupon Rate
The interest rate on a bond, representing the annual interest payment made by the bond issuer relative to the bond's face value.
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