Examlex
The completion of the Canadian Pacific Railway in 1885 and the North American Free Trade Agreement (NAFTA) in 1994 both led to a process of creative destruction.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the bond's face value.
Market Interest Rates
The prevailing rates at which borrowers are able to obtain loans and lenders receive compensation for their funds in the financial market.
Inflation Protection
Strategies or financial instruments designed to protect investors from the loss of purchasing power due to inflation.
Par Value
Par Value is the nominal or face value of a security as stated by the issuer, and it's the price at which bonds are to be redeemed at maturity.
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