Examlex
What does API stand for?
Financial Intermediaries
Institutions that act as middlemen between savers and borrowers, facilitating the flow of funds in the financial system, such as banks and investment companies.
Maturity
The point in time when a financial instrument, such as a bond or loan, reaches its due date and the principal must be repaid.
Bond
A fixed income investment in which an investor loans money to an entity that borrows the funds for a defined period at a variable or fixed interest rate.
Characteristics Of A Bond
Aspects that define a bond, including its maturity date, face value, coupon rate, and issuer, determining its suitability for investors.
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