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Stand-alone inverters are connected to the batteries in a stand-alone PV system.
Preferred Stock
A category of corporate ownership that has precedence over common stock in terms of asset and earnings claims, typically featuring fixed dividend payments.
Bonds
Fixed-income instruments that represent a loan made by an investor to a borrower, typically corporate or governmental.
Constant Payment
A fixed amount of money paid periodically in a loan agreement until the loan is repaid in full, including both principal and interest.
Time Premium
The difference between intrinsic value and the option price.
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