Examlex
Sequential interdependence exists when the output of operation A is the input of operation B, and the output of operation B is the input back again to operation A.
Checks and Balances
A system in which different parts of an organization or government have powers that affect and control the other parts, ensuring no single part can become too powerful.
President's Veto
The power of the President to refuse approval of a bill or joint resolution and thus prevent its enactment into law.
Coupon Rate
The yearly percentage rate of interest that is paid on a bond, relative to its nominal value.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, accounting for its current market price, face value, interest rate, and time to maturity.
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