Examlex
Service conductors are considered outside of a house when they are installed under at least 2 inches (50 mm) of concrete beneath a house; where installed in a conduit under at least 18 inches (450 mm) of earth beneath a house; or where they are installed in rigid metal conduit (RMC) or intermediate metal conduit (IMC) when used as a service mast that extends through an eave.
Par Value
The face value of a bond or stock, typically the amount that is paid back at maturity for bonds or a nominal dollar value assigned to shares of stock.
Coupon Bond
A type of bond that offers interest payments to the holder at specified intervals until the bond's maturity.
Accrued Interest
The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.
Interest Days
Refers to the specific days on which interest is calculated, often relevant in banking and finance for determining amounts owed or earned.
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