Examlex
When all is said and done, money is the key to retaining good employees.
Zero-Coupon Bond
A bond that is issued at a discount to its face value but pays no interest; the investor's return is the difference between the purchase price and the face value at maturity.
Par Value
The face value of a bond or stock, representing the amount that the issuer agrees to pay at maturity or the nominal value assigned to a share of stock for accounting purposes.
Yield To Maturity
The total return anticipated on a bond if it is held until it matures, incorporating both interest payments and the increase or decrease in the bond's value to its face value at maturity.
Nominal Rate
The interest rate stated on a loan or financial instrument, not adjusted for inflation.
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