Examlex
A condition, often occurring in middle and late adulthood, which is characterized by hypertension, obesity, and insulin resistance. This disorder may lead to diabetes and cardiovascular disease.
Floating-rate Bonds
Bonds whose interest rate payments adjust periodically based on an underlying benchmark, making them less sensitive to interest rate changes.
Interest Rate Swap
A financial derivative contract in which two parties exchange interest rate payments on a specified principal amount.
LIBOR
The London Interbank Offered Rate, an interest rate average calculated from estimates submitted by the leading banks in London and used as a reference for lending rates worldwide.
Notional Principal
The term refers to the principal amount, or face value, upon which interest payments or financial derivatives are calculated, without the need for physical exchange of the principal sum.
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