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Immigrants typically resist learning English.
Treasury Bond
A long-term, government-issued security with a fixed interest rate and maturity of more than 10 years, considered to be one of the safest investments.
STRIPS
Separate Trading of Registered Interest and Principal of Securities; a form of a bond that separates its interest payments from its principal repayment obligation, enabling investors to hold and trade them separately.
Expectations Theory
A theory related to the term structure of interest rates, suggesting that the long-term interest rates reflect expected future short-term interest rates.
Forward Rate
The agreed-upon exchange rate for a currency, security, or commodity to be delivered and paid for at a future date, used in forward contracts.
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