Examlex
What is the principle function of foreign exchange markets?
Interest
The cost of borrowing money, expressed as a percentage of the total amount loaned, or the income earned on invested capital.
Bonds Discount
The difference when bonds are sold for less than their face value.
Bonds Premium
The amount by which the price of a bond exceeds its face value, typically because the market interest rate is below the coupon rate of the bond.
Premium on Bonds Payable
The amount by which a bond's selling price exceeds its principal amount or face value.
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