Examlex
People do not choose a party because they identify with its views and approve of its candidates for elected office; rather, party identification shapes people's views about issues and their selection of candidates for elected office.
Par
The face value of a bond or security, often used in the context of bonds trading at, above, or below their issued price.
Market Rate
The prevailing interest rate available in the marketplace for similar financial instruments or loans.
Financial Instrument
A contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
Maturity Value
The amount that will be payable to the holder of a financial instrument at its maturity date, including principal and interest.
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