Examlex
Since judgment and a tolerance for ambiguity are important,managerial processes typically have more human actors than strategic processes.
Bond Prices
The market value of bonds, which inversely fluctuates with interest rates: when rates go up, bond prices fall, and vice versa.
Coupon Rate
The yearly interest rate yielded by a bond, shown as a percent of its nominal value.
Price Sensitive
Characteristic of information or news that could influence the price of securities if it were made public.
Zero-Coupon Bond
A type of bond that does not pay interest during its life but is sold at a discount from its face value and redeemed at par at maturity.
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