Examlex
The __________ __________ refers to the fact that electricity can be used to dissociate water into oxygen and hydrogen that could then be used to power a fuel cell to drive an electric motor.
Semiannual Coupon
Interest payments made to bond investors every six months as part of the bond's fixed-income return.
Bond Rating
An evaluation provided by a credit rating agency regarding the creditworthiness of a bond issuer, affecting the interest rates and investment appeal of its bonds.
Secured Debt
A debt that is backed by collateral, providing the lender with assurance that the loan can be recovered if defaulted.
Unsecured Debt
A type of debt that is not backed by collateral, making it riskier for lenders and often resulting in higher interest rates for borrowers.
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