Examlex
What does "T" stand for in the term STP marketing?
Income Bond
An income bond is a type of bond that only pays interest if the issuing company is profitable, making it a riskier investment than bonds with guaranteed interest payments.
Operating Loss
A situation where a company's operating expenses exceed its gross profit, indicating a loss in its core business operations.
Miss A Payment
A situation where a debtor fails to make an agreed-upon payment to a lender or creditor by the due date.
Par Bond
A bond issued at its face value, where the purchase price is equal to the nominal or face value of the bond.
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