Examlex
Match the term with its definition.
-An insurance term that refers to the depreciated value of property
Contract Rate
The agreed-upon interest rate specified in a contract, particularly relevant in loans and financing agreements.
Market Rate
The current price or interest rate at which goods, services, or securities are bought and sold in a competitive marketplace.
Bond Selling Price
The market price at which a bond is traded, which may be above (premium) or below (discount) its face value.
Par Value
The nominal or face value of a security or currency, as stated by the issuer.
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