Examlex
Although costly to produce, the large number of fruit-producing species attests to its success as an evolutionary adaptation; in what way is fruit production helpful?
Callable
A financial term referring to a security that can be redeemed or "called" by the issuer before its maturity date.
Serial Bonds
Bonds issued under a single series where each bond matures at a different date, allowing the issuer to spread out repayment over time.
Staggered Maturity Dates
A strategy involving financial instruments or liabilities that have various maturity dates spread out over time to reduce risk and improve liquidity.
Coupon Bond
A debt security that pays the bondholder a fixed interest rate (coupon) periodically until the bond's maturity date, at which point the principal amount is repaid.
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