Examlex
Piece-rate wages have been a traditional way of compensating employees since the 1900s.
Semiannually
Occurring or calculated twice a year, typically used in the context of bond interest payments or other financial assessments.
Market Rate of Interest
The prevailing rate of interest available in the market for investments of comparable risk and term.
Bond Indenture
A legal contract outlining the terms and conditions between the bond issuer and the bondholders.
Convertible Feature
A characteristic of some bonds or preferred stocks that allows them to be converted into a specified number of common shares, usually at the discretion of the holder.
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