Examlex
In order to be a public good a good must be both a collective consumption good and be nonexcludable.
Par Value
The face value of a bond or stock, which is the amount paid back to the bondholder at maturity.
Coupon Bond
A type of bond that pays the holder a fixed interest rate (coupon rate) over the bond's lifetime and repays the principal at maturity.
Yield To Maturity
The total return anticipated on a bond if it is held until the maturity date, considering all interest payments received and principal repaid.
Total Rate Of Return
The comprehensive measure of investment performance, combining both capital gains and interest or dividends, over a specific period.
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