Examlex
Return on assets is calculated as average total assets divided by net income.
Debenture
A type of debt instrument that is not secured by physical assets or collateral but is backed only by the general creditworthiness and reputation of the issuer.
Mortgage Bond
A bond secured by real estate.
Par Value
The nominal or face value of a bond, share of stock, or coupon as indicated on a bond or stock certificate. It is a static value determined at the time of issuance.
Face Value
The nominal value stated on a financial instrument, such as a bond or stock certificate.
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