Examlex
The most common use for hypoid gears is in modern differentials.
Zero-Coupon Bond
A bond that does not pay periodic interest, but is issued at a deep discount, with the return being the difference between the purchase price and the face value at maturity.
Stripped Bond
A debt security where the principal and regular coupon payments have been separated and are sold as individual securities.
Inflation Premium
The part of the nominal interest rate that represents compensation to the lender for the loss of purchasing power due to inflation.
Fisher Effect
An economic theory stating that the real interest rate is independent of monetary measures, especially the nominal interest rate and the expected inflation rate.
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