Examlex
A call feature is a feature included in nearly all corporate bonds and allows the issuer to repurchase bonds at the market price prior to maturity.
GICs
Guaranteed Investment Certificates, which are Canadian investment products that offer a guaranteed rate of return over a fixed period.
Simple Interest
Interest calculated only on the principal amount, without compounding.
Financial Position
A snapshot of a person's or entity's financial situation at a specific point in time, encompassing assets, liabilities, and net worth.
Simple Interest
Interest calculated only on the initial principal amount of a loan or investment, without compounding.
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