Examlex
When an applicant has been selected there should be a specified period of time for __________.
Bonds
Long-term debt securities issued by corporations and government entities that pay interest to the holder.
Contract Rate
A pre-agreed interest rate applied in the calculation of payments for a specific financial contract.
Market Rate
The prevailing interest rate available in the marketplace for instruments of comparable risk and maturity.
Bond Certificates
Documents that serve as legal proof of ownership of bonds, detailing the terms of the bond issue such as its maturity date, coupon rate, and issuer.
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