Examlex
Raters who are going to judge student projects at a science fair have to attend several sessions at which they learn about the rating scales they will use, and they will have opportunities to view examples of good versus poor science fair projects. This type of training is known as:
Municipal Bond
A debt security issued by a state, municipality, or county to finance its capital expenditures.
Corporate Bond
A debt security issued by a corporation to raise capital, whereby the issuer promises to repay the principal along with interest at specified dates.
Tax Bracket
A range of incomes taxed at a specific rate, with different portions of income being taxed at progressively higher rates as income increases.
Collateral
An asset that a borrower offers to a lender as security for a loan, which can be seized if the borrower fails to repay the loan.
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