Examlex
What landforms occur when the land surface dips below the water table?
Strip Bond
A debt security that has had its main components, such as periodic interest payments, separated, leaving only the principal to be repaid at maturity.
Discount Rate
The interest rate charged by central banks to commercial banks for loans and advances, influencing monetary policy and overall economy.
Compounded Semi-Annually
Interest calculation method where interest is added to the principal twice a year, leading to interest on interest.
Strip Bonds
Bonds that have had their principal and coupon payments separated, creating individual securities from each interest payment and the principal.
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