Examlex
The aging of the population is due, in part, to declining fertility rates.
Bond Premium
The surplus value of a bond beyond its principal amount when sold in the market.
Term Bond
Bonds that have a specified maturity date on which the principal or face value is payable to bondholders.
Effective Rate
A more accurate measure of interest or return that takes into account the effects of compounding over a specific period.
Contract Rate
The agreed-upon interest rate specified in a contract, often related to loans or financial agreements.
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