Examlex
Which of the following would not describe tacit knowledge?
Bond Equivalent Yield
is a calculation for converting the yield on a short-term, discount-based security into an annual yield that is comparable to those of bonds, to facilitate comparison among various securities.
Bank Discount Quote
A method of quoting the price of a short-term money market instrument, like a Treasury bill, as a discount from its face value, not taking into account compound interest.
Face Value
The nominal or dollar value printed on a bond or other financial instrument, representing the amount to be repaid at maturity.
Municipal Bond
A debt security issued by a state, municipality, or county to finance its capital expenditures.
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