Examlex
Most gate-valve designs are not a direction-style valve and can be installed based on desired handle location instead of the direction of the flow of a piping system.
Bond Ratings
Bond ratings are assessments made by credit rating agencies about the creditworthiness of a bond issuer, which affect the interest rates bonds carry.
Default Risk
The risk that a borrower fails to make the promised loan or bond repayments to the lender or bondholders.
Maturity Risk
The risk associated with the length of time until the face value of an investment is returned, affecting its susceptibility to interest rate changes.
Long-Term Bond
A bond with a maturity date extending beyond 10 years, offering higher yields to compensate for the increased risk associated with the longer duration.
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