Examlex
To leverage buying power,more organizations are centralizing purchasing to allow buying in volume.
Maturity
The specific day when the core sum of a financial product, like a bond or loan, must be paid back to the investor.
Semiannually
Occurring twice a year; every six months.
Zero-coupon Bond
A type of bond that does not pay interest during its life; it is sold at a discount from its face value and the return is realized when the bond matures.
Deep Discount
A situation where a bond or other investment is sold significantly below its par or face value.
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