Examlex
One primary feature of most early state constitutions was
Par-value
The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it will be redeemed at maturity.
Zero-coupon Bonds
Bonds that do not pay periodic interest and are sold at a discount from their face value; the return comes from the difference between the purchase price and the face value paid at maturity.
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