Examlex
The earliest mammals had a single line of descent into the monotremes, which are the ancestors for all modern mammals.
Maturity
The date on which a financial instrument, such as a bond or loan, reaches its due date and the principal amount must be repaid.
Zero-Coupon Bonds
Debt securities that don't pay periodic interest but are issued at a significant discount to par value, providing profit at maturity when they reach their face value.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
Par Value
The face value of a bond or the stock value stated in the corporate charter, representing the minimum standard value.
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