Examlex
Regardless of what interest rates do in the future,the bond's price will approach the par value of the bond as it nears its maturity date.
Relative Advantages
The degree to which an innovation or solution is perceived to be better than the idea, program, or product it replaces.
Dishonors
Refers to the refusal or inability of a party to accept or pay a bill of exchange, check, or draft when presented for payment.
Liability
Being under a legal obligation to answer for something, especially with respect to owing money or fulfilling legal requirements.
Mortgage Interest Rates
The cost of borrowing money expressed as a percentage of the total amount of the loan, applied to mortgages.
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