Total Quality Management Is a Term Used to Describe the Process

question 81

True/False

Total quality management is a term used to describe the process of always finding new ways to improve.

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Definitions:

Clean Price

The price of a bond excluding any accrued interest; the price the bond is actually quoted at in the financial markets.

Call Provision

A clause in a bond or other fixed-income security that allows the issuer to repay the bond before its maturity date.

Canada Yield Curve

A plot of the yields on Government of Canada notes and bonds relative to maturity.

Retractable Bond

Bond that may be sold back to the issuer at a prespecified price before maturity.