Examlex
The barbarization of the Roman army was accelerated by the increased hiring of ______, barbarian contingents serving under their own warlords.
Premium
The amount by which the price of a financial instrument or asset exceeds its face value or principal amount, often related to bonds or insurance products.
Discount
A reduction in the price of a good or service, or in finance, the process of determining the present value of a payment or stream of payments that is to be received in the future.
Yield To Maturity
An investor's annualized return on a bond if held to its maturity date, considering all coupon payments and the principal repayment.
Zero Coupon Bond
A debt security that doesn't pay periodic interest but is traded at a deep discount, providing profit at maturity when the bond is redeemed for its full face value.
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