Examlex
How have marine reserves helped marine ecosystems?
Credit Derivatives
Financial instruments used to manage exposure to credit risk by transferring it from one party to another without transferring the underlying assets.
Recovery Value
The estimated amount that can be reclaimed from an asset at the end of its useful life.
Convertible Bond
A type of bond that can be converted into a predetermined number of the issuer's stock shares.
Annual Coupon
The yearly interest payment made to bondholders, usually expressed as a percentage of the bond's face value.
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