Examlex
The shareholder's appraisal right does not extend to sales of substantially all of the corporate assets.
Capital Gain
The profit realized from the sale of a capital asset, such as stock or real estate, when the selling price exceeds the original purchase price.
Term To Maturity
The remaining time until a debt instrument is due for repayment.
Modified Duration
A measure of the sensitivity of a bond's price to changes in interest rates, modified to account for changes in cash flow schedules.
Basis Points
One basis point is equal to 1/100th of 1%, used primarily to denote the change in interest rates, equity indexes, and the yield of fixed-income securities.
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