Examlex
Traditionally, a professional owed a duty to those with whom the professional had a direct contractual relationship to perform a service and to any third party who relied on that service.
Rate Of Return
The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's cost.
Par Value
The face value of a bond or stock, which is the amount paid back to the bondholder at maturity.
Coupon Bond
A type of bond that pays the holder a fixed interest rate (coupon rate) over the bond's lifetime and repays the principal at maturity.
Yield To Maturity
The total return anticipated on a bond if it is held until the maturity date, considering all interest payments received and principal repaid.
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