Examlex
The performance of a pre-existing contractual duty which is neither doubtful nor the subject of an honest dispute is legally sufficient consideration to support a second contract.
General Direction
The overall strategic approach or guidance for the operations and decisions of an organization or project.
Term to Maturity
The duration of time left until the expiration or due date of a financial instrument, such as a bond, at which point the principal is supposed to be paid back to investors.
Coupon
A coupon refers to the annual interest rate paid on a bond, expressed as a percentage of the face value.
Yield to Maturity
The total return anticipated on a bond if it is held until it matures, considering all payments of interest and principal.
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