Examlex
The liability coverage under a personal automobile policy is provided to:
Tax-Deductible
Expenses that can be subtracted from gross income to reduce the amount of income that is subject to taxation.
Bond Principle
The face value of a bond or the amount that the issuer agrees to pay the bondholder upon the maturity of the bond.
Yield To Maturity
The total return anticipated on a bond if the bond is held until its maturity date, taking into account both interest payments and capital gains or losses.
Coupon Rate
The interest rate on a bond that the issuer promises to pay to the bondholder until maturity.
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