Examlex
Albert Ellis's goal in rational emotive behavior therapy is to
Clean Price
The price of a bond excluding any interest that has accrued since issue or during the last coupon payment.
Dirty Price
The price of a bond that includes accrued interest, in contrast to the clean price which excludes it.
Accrued Interest
Interest that has accumulated over a period but has not yet been paid or received.
Protective Covenant
Clauses in a bond or loan agreement that limit certain actions of the issuer to protect creditors' interests.
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