Examlex
Memory is the area of a computer that holds data on a permanent basis when it is not immediately needed for processing.
Call Premium
Amount by which the call price exceeds the par value of the bond.
Par
This term typically refers to a financial instrument's nominal or face value, as opposed to its market value or price.
Negative Covenant
A clause in a contract that prohibits a borrower from taking certain actions, intended to protect the interests of the lender by maintaining the borrower's financial stability.
Current Ratio
A financial ratio indicating the capacity of a firm to cover its short-term liabilities with its current assets.
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