Examlex
_____ gives employees a series of job assignments in various functional areas of the company or movement among jobs in a single functional area or department.
Interest Rates
The cost of borrowing money or the return on invested capital, expressed as a percentage rate over a period of time, typically one year.
Zero-Coupon Bond
A bond that does not pay periodic interest but is issued at a discount from its face value, and its return comes from the difference between the purchase price and the face value paid at maturity.
Investment Horizon
Investment Horizon denotes the period an investor expects to hold an investment before taking any return out of it.
Interest Rate Risk
The risk that the value of an investment will decrease due to a rise in interest rates, affecting especially interest-bearing assets like bonds.
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