Examlex
The exponential curve describes a rate of certain occurrences and is divided into four time constants.
Callable Bonds
Bonds that can be redeemed by the issuer before their maturity date at a predefined call price.
Early Retirement
The act of retiring from one's occupation before the traditional retirement age, often with reduced benefits.
Maturity
The date on which a financial obligation, note, bond, or loan must be repaid in full or the final payment is due.
Bond Indenture
The contract between a bond issuer and the bondholders, outlining terms such as interest rates, repayment schedules, and other conditions.
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