Examlex
From the point of view of an entity,a person or business entity to whom a debt is owed is known as a:
Flat Price
The price of a bond excluding any accrued interest, representing the bond’s value in the market without considering the interest that has accumulated since the last payment.
Accrued Interest
The amount of interest that has accumulated on a bond or loan but has not yet been paid by the borrower.
Inverse Floaters
Bonds that have coupon rates that move inversely to some reference rate, typically a short-term interest rate.
Coupon Rates
The annual interest rate paid on a bond, expressed as a percentage of the face value.
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