Examlex
The Earth's shape is closer to an oblate ellipsoid than a sphere.
Maturity
The date on which the principal amount of a bond, loan, or other financial instrument becomes due and is to be paid back.
Zero-coupon Bond
A bond that does not make periodic interest payments during its life and is instead sold at a deep discount from its face value, with the full face value being paid at maturity.
Yield To Maturity
The cumulative income projected from a bond, provided it is retained till its expiration, factoring in both the interest disbursements and principal reimbursement.
Rate Of Return
The gain or loss on an investment over a specified time period, expressed as a percentage of the investment's cost.
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