Examlex
Anthropologists make sense of the variety of forms of human society across space and over time through
Zero-coupon Bonds
Bonds that do not pay periodic interest and are sold at a discount from their face value; the return comes from the difference between the purchase price and the face value paid at maturity.
Yield To Maturity
The total return expected on a bond if it is held until the date it matures, including all interest payments and the repayment of the principal.
Annual Interest
The amount of money earned or paid on an investment or loan over a one-year period, expressed as a percentage of the principal.
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