Examlex
According to one study, Millennials and Gen-Xers value extrinsic rewards significantly more than Boomers.
Call Provision
A clause in a bond contract that allows the issuer the right to redeem the bond before its maturity date under specific conditions.
Par Value
The nominal or face value of a bond, share of stock, or coupon as stated by the issuer, often used in the calculation of interest payments and dividends.
Coupon Rate
The annual interest rate paid by a bond expressed as a percentage of the bond's face value.
Current Yield
A bond ’s annual interest payment divided by its market price.
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