Examlex
Shift differential is the additional pay that employees receive for working the evening or night shifts.
Conversion Ratio
The specified number of shares that can be converted from a convertible security.
Current Market
The existing state of the market, including current prices, volumes, and trends, reflecting the most recent period of trading.
TIPS Bond
Treasury Inflation-Protected Securities (TIPS) are U.S. government bonds that are indexed to inflation in order to protect investors from the negative effects of rising prices.
Coupon Rate
The annual interest rate paid by a bond issuer to its bondholders, expressed as a percentage of the bond's face value.
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