Examlex
MATCHING
Match each description with the item below.
-Pinckney Pinchback
Zero Coupon Issue
A bond or debt security that doesn’t pay periodic interest but is traded at a discount, realizing gains at maturity.
Annual Coupon
The yearly interest payment made by a bond issuer to its bondholders.
Market Rate
The prevailing interest rate available in the marketplace on investments or loans.
Sinking Funds
A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset over time.
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