Examlex
John Watson offered a live, white rat to Little Albert and then made a loud noise behind his head by striking a steel bar with a hammer. The white rat served as the _________ in his study.
Dirty Price
The price of a bond including accrued interest, also known as the full or invoice price. This is the price the buyer actually pays.
Clean Price
The price of a bond excluding any accrued interest; the price that is typically quoted in the bond market.
Quoted Price
The last price at which a security or commodity was traded and is publicly available.
Par Value
The face value of a bond or stock as stated by the issuer, which has implications for interest calculations or dividends.
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