Examlex
If you bought a stock on June 15, 2013, and sold it on July 15, 2014, you would likely be classified as a(n)
Maturity Value
The total amount payable to the holder of a financial instrument at its maturity date, including principal and any accrued interest.
360-Day Year
An accounting convention that simplifies interest calculation by assuming all months have 30 days.
Maturity Date
The date on which the principal amount of a loan, bond, or other financial instrument becomes due and payable.
Leap Years
Years that include an extra day (February 29) to keep the calendar year synchronized with the astronomical year.
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