Examlex
Three-month-old infants
Par Value Bonds
Bonds that are issued and redeemed at their face value, the value printed on the bond itself.
Issuing Bonds
The process of a corporation or government entity raising capital by selling bonds to investors, which are essentially loans from the investors to the issuer.
Par Value
A nominal value assigned to a security or stock, often used to determine its face value rather than market value.
Market Rate
The current price or interest rate at which goods, services, or financial instruments are traded in the open market.
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