Examlex
Illegal immigrants overall contribute more in taxes than they receive in services from state and local governments.
Maturity Value
The amount to be paid to the holder of a financial instrument at the end of its term, including the principal and any accumulated interest or dividends.
Compounded Semi-annually
A method of calculating interest where the interest is added to the principal twice a year.
Strip Bond
A type of bond investment where the coupon payments and the principal are separated and sold individually as zero-coupon instruments.
Yield Rate
The annual income return on an investment, expressed as a percentage of the investment's price.
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