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Resolving the savings and loan crisis cost $500 billion in taxpayer money.
Face Value
The nominal or dollar value printed on a financial instrument like a bond or stock certificate, representing the amount to be repaid at maturity.
Principal Amount
The original sum of money borrowed in a loan, or invested, upon which interest is calculated.
Loan Term
The length of time over which a loan agreement is scheduled to be repaid.
Callable Bonds
Bonds that can be redeemed by the issuer before their maturity date at a predetermined call price.
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