Examlex
Vocational interest tests
STRIPS
Separate Trading of Registered Interest and Principal Securities, a type of U.S. government security that allows the separate trading of interest and principal components.
Treasury Notes
Intermediate-term U.S. government debt security with a maturity of 1 to 10 years and pays interest every six months.
Maturity at Issue
The predetermined date when a financial instrument, such as a bond, will come due and the principal is to be paid back to investors.
Default Risk
The potential risk that an issuer of a bond or other debt security will be unable to make principal and interest payments when due.
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