Examlex
Which one of the following refers to a number constant that appears in code without explanation?
Face Value
The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, indicating its worth at issuance.
Interest Rate
The percentage charged on the total amount of borrowed money or paid on investments, over a specific period of time.
Maturity Value
The total amount that will be paid to an investor at the end of a fixed-income security's term, including both the original principal and the interest earned.
Promissory Note
A written promise to pay a specified amount of money at a predetermined time or on demand to a named party.
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