Examlex
MAD is simply the sum of all the error terms and is useful when overestimation errors cancel out underestimation errors.
Income Bonds
Bonds that pay interest only if the issuing company has sufficient earnings to cover the interest payments.
Company's Earnings
The profit a company generates over a specific period, reflecting its financial performance and profitability.
Floating Rate
An interest rate that fluctuates over time with the market or an underlying benchmark.
Exotic
Often refers to a type of financial instrument or investment that is complex and not traditional, involving unique characteristics or structures.
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