Examlex
The times-interest-earned ratio is calculated by dividing operating income by operating expenses.
Bond's Principal
The face value of a bond, or the amount that the bond issuer agrees to repay the bondholder at the bond's maturity date.
Bank Interest
The amount paid to depositors for holding their money in a bank account, or the amount charged to borrowers for taking out a loan.
Annual Payments
Recurring payments made once a year, often related to loans, insurance premiums, or obligations.
Term Loan
A loan from a bank for a specific amount that has a specified repayment schedule and a fixed or floating interest rate.
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