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What was Poverty Point?
Face Value
The nominal value stated on a financial instrument, such as a bond or stock, representing its worth at issuance.
Serial Bonds
Bonds that are issued at the same time but mature at different intervals, allowing for the gradual repayment of the debt.
Maturity Dates
The specified dates on which the principal amount of a debt instrument, such as a bond or loan, is to be repaid to the lender.
Interest-bearing Notes
A debt instrument that pays interest to the lender, including a specified interest rate and maturity date.
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