Examlex
Although cellulose is a carbohydrate made of polymerized glucose molecules, the usual enzymes such as amylase that break down carbohydrates in your mouth and small intestine do not have any effect on cellulose. For the most part, animals do not produce the enzyme cellulase, which catalyzes cellulose hydrolysis. How then do herbivorous organisms manage to live on plant material primarily made of cellulose?
Bond
An interest-bearing note payable usually in $1,000 denominations issued by a corporation to a large group of lenders.
Annual Interest Rate
The percentage of interest that will be charged or earned on a principal amount over the course of a year.
Face Value
The nominal value or dollar value printed on a security or a financial instrument, such as a bond or a stock certificate.
Market Rate
The prevailing interest rate available in the marketplace for instruments of similar risk and maturity.
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