Examlex
Which method requires no fancy technology to secure documents?
Interest Rate
An interest rate is the percentage at which interest is paid by borrowers for the use of money that they borrow from a lender.
Strip Bond
A debt security that is derived from the coupon and principal payments of a bond, which are separated ("stripped") and sold as individual zero-coupon bonds.
Compounded Semi-Annually
Interest calculated on the principal and previously earned interest twice a year.
Quarterly Compounded
An interest calculation method where interest is added to the principal every quarter, increasing the amount of interest earned or paid.
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