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Edward Banfield argues that all theories that focus on the characteristics of the individual in explaining deviance are guilty of blaming the victim.
Zero-Coupon Bonds
Debt securities that don't pay periodic interest but are issued at a significant discount to par value, providing profit at maturity when they reach their face value.
Coupon Rate
The annual interest rate paid by a bond's issuer to its holders, expressed as a percentage of the bond's face value.
Par Value
The face value of a bond or the stock value stated in the corporate charter, representing the minimum standard value.
Zero-Coupon Bond
A debt security that does not pay interest but is traded at a deep discount, rendering a profit at maturity when the bond is redeemed for its full face value.
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