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Contract Rate
The interest rate specified in a contract, such as a loan agreement or bond indenture.
Market Rate
The prevailing price or rate at which goods, services, or securities are traded in an open market.
Discount
A reduction from the usual cost of something, often applied to prompt payments or for certain groups of people like students or seniors.
Issue Price
The price at which new securities are offered to the public by an issuer.
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