Examlex
Read the paragraph below and answer the question(s) that follow.
(1) Satire is a type of humor that attacks or exposes foolishness or lack of good sense of a subject using sarcasm, wit, or irony. (2) Subjects of satire can be specific individuals or organizations. (3) Examples of modern satire include three popular animated TV comedy series: Family Guy , South Park , and The Simpsons . (4) All three repeatedly make fun of the modern American middle-class lifestyle as well as all other aspects of American culture and society. (5) In particular, greedy, selfish, or ineffective authority figures ⎯ including parents, teachers, principals, police officers, elected officials, and the clergy ⎯ are favorite targets of ridicule in all three of these comedies. (6) Other examples of modern television satire are Full Frontal with Samantha Bee and The Daily Show with Trevor Noah , two fake news programs that poke fun at the media, government, and politics.
Identify the kind of definition used in the topic sentence.
Par Value
Par value is the nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate; it is a static value and not indicative of market value.
Treasury Bill
Short-term U.S. government debt obligations backed by the Treasury Department with a maturity of less than one year.
Par Value
The face value of a bond or the stock value stated in the corporate charter, often used in legal documents.
Effective Annual Yield
Effective annual yield is the return on an investment expressed as an annualized rate, accounting for compounding over a period, providing a more accurate measure of profitability.
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