Examlex
Explain why it is unlikely that the sleep-wake cycle is controlled by a blood-borne chemical factor.
Nasdaq Composite
An index of all the stocks and similar investments listed on the Nasdaq stock market, often used as a benchmark for technology and biotech securities.
Modified Duration
A measure of the sensitivity of the price of a bond or a bond portfolio to a change in interest rates, adjusted for the possibility that the bond may be called before maturity.
Basis Point
A basis point is a unit of measure used in finance to describe the percentage change in the value or rate of a financial instrument, equivalent to 0.01%.
Interest Rates
The fee, shown as a percentage of the principal amount, that a lender imposes on a borrower for the use of assets.
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