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A Chevrolet Malibu with the BAS system is being discussed. Technician A says that this vehicle has a combination alternator/starter assembly that replaces the traditional alternator and which can belt drive the crankshaft following an auto stop of the engine. Technician B says that this vehicle has a traditional 12-volt starter that can turn the crankshaft by engaging the flywheel. Who is correct?
Credit Default Swap
A financial derivative that allows an investor to "swap" or offset their credit risk with that of another investor.
Par Value
The face value of a bond or a stock, as stated by the issuing company, which may differ from its market value.
Zero-Coupon Bond
A zero-coupon bond is a type of bond that does not pay periodic interest but is issued at a significant discount to its face value and redeemed for its full face value at maturity.
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