Examlex
How do asset-backed securities improve the flow of funds from savers to borrowers?
Maturity Date
The specific date on which the principal amount of a bond, loan, or other financial instrument is due to be paid in full.
Contract Rate
The interest rate specified in a contract, such as that in a loan or bond agreement.
Times Interest Earned Ratio
A financial metric that measures a company's ability to meet its interest obligations from its earnings before interest and taxes.
Income Statement
A financial statement that shows a company’s revenues, expenses, and profits over a specific period, typically a quarter or year.
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