Examlex
Plasma consists of 92 percent water.
Zero-coupon Bond
A bond that does not pay interest during its life and is sold at a discount from the face value, which is paid to the holder at maturity.
Forward Interest Rate
A rate that is deduced from current bond yields, representing the expected future interest rate between two periods.
Bond Stripping
Selling bond cash flows (either coupon or principal payments) as stand-alone zero-coupon securities.
Arbitrage
The method of earning profits by exploiting the price variances of an identical asset across diverse markets through concurrent purchase and sale.
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