Examlex
Yield to maturity (YTM) is the rate investors earn if they buy the bond at a specific price and hold it until maturity.
Clarify
To make a statement or situation less confused and more understandable.
Payment Bond
A type of surety bond that guarantees the payment of subcontractors, laborers, and suppliers on construction projects.
Liens
Legal claims or rights against property or assets that secure the payment of a debt or fulfillment of some obligation.
Suppliers
Entities that provide goods or services to another entity, typically in a business-to-business relationship.
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