Examlex
One punctuation mark or capital letter is omitted in each of the following sentences. Insert them as needed. (Pairs of quotation marks are considered one unit.) The United States presidents salary is $400,000 per year.
Capital Gain
The profit realized from the sale of a capital asset, such as stock or real estate, when the selling price exceeds the original purchase price.
Term To Maturity
The remaining time until a debt instrument is due for repayment.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, modified to account for changes in cash flow schedules.
Basis Points
One basis point is equal to 1/100th of 1%, used primarily to denote the change in interest rates, equity indexes, and the yield of fixed-income securities.
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