Examlex
Main memory is an example of
Corporate Bond
A debt security issued by a corporation and sold to investors, paying fixed interest over its lifetime and repaying the principal at the bond’s maturity date.
Tax-Exempt
Financial earnings or transactions that are free from taxation.
Tax Bracket
The range of incomes taxed at particular rates, which increases progressively with higher earnings.
Corporate Bond
A type of debt security issued by corporations to raise capital, with the promise to repay the principal along with interest on specified dates.
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