Examlex
The following sentence is an example of effective business writing because the message requires formality:This e-mail message is to inform you that we have received your employment application.
Yield To Maturity
The total return anticipated on a bond if it is held until the date it matures, considering all interest payments and the principal repayment.
Semi-Annually
Occurring or done twice a year, typically every six months.
Face Value
The nominal or dollar value stated on a security or financial instrument, such as a bond or stock, representing its worth at issuance or par value.
Interest Rate Risk
The risk of investment value changes due to variations in the level of interest rates.
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