Examlex
Identify and describe the two primary types of data coding processes.
BBB
A credit rating assigned to bonds that are considered investment-grade, with a moderate risk level.
Par Value
The face value of a bond or stock, which is the amount paid back to the holder at maturity for bonds, or a base value for calculating dividend payments for stocks.
Coupon Bond
A debt security that pays the holder a fixed interest rate, or coupon, periodically until the maturity date, when the principal is repaid.
Tax Bracket
A tax bracket is a range of incomes taxed at a specific rate under a progressive tax system, where tax rates increase as income increases.
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