Examlex
Explain the analogy of porcupines used to exemplify one of the 12 characteristics of successful marriages.
Bond Principal
The face value of a bond, or the amount of money the bond issuer will pay back to the bondholder at maturity.
Serial Bonds
Bonds that are issued under the same contract but mature at different times, allowing the issuer to spread the repayment over several periods.
Principal Retirement
The act of paying off the original sum of money borrowed in a loan, excluding interest payments.
Unsecured Bond
A bond not backed by collateral, relying on the issuer's creditworthiness.
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