Examlex
Persistent offenders generally originate from wealthier families.
Market Price
The market's ongoing price for the transaction of assets or services.
Basis Point
A unit of measure used in finance to describe the percentage change in value or rate of a financial instrument, equal to 1/100th of 1%.
Coupon Rate
The percentage of face value paid as interest on a bond each year.
Current Yield
The interest or dividend income an investment generates, expressed as a percentage of the investment's current market price.
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