Examlex
Multiply, then simplify if possible.
Contract Rate
A predefined rate agreed upon in a contract, often used in financial agreements, such as loans or leases, specifying the interest rate.
Installment Note
An installment note is a form of debt that requires the borrower to make scheduled payments (including both principal and interest) over a set period until the debt is paid off.
Bearer Bonds
Bonds not registered to any owner, allowing whoever holds the bond physically to claim the interest payments or the principal.
Unsecured Bonds
Bonds issued without collateral, relying on the issuer's creditworthiness for support.
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