click below
click below
Normal Size Small Size show me how
credit cards
| Term | Definition |
|---|---|
| earnings | money obtained in return for labor or services. |
| bond | is an instrument of indebtedness of the bond issuer to the holders. |
| issuer | a person or company that supplies or distributes something. |
| holder | The owner of a given security. One may hold any type of security, and the term is often part of a compound word indicating which type is held. |
| coupons | payment on a bond is the annual interest payment that the bondholder receives from the bond's issue date until it matures. |
| certifications | a document signifying ownership of a FINANCIAL SECURITY |
| face amount | is the value stated on the face of a financial instrument. |
| coupon rate | is the yield paid by a fixed-income security; |
| maturity | date refers to the final payment date of a loan or other financial instrument, at which point the principal is due to be paid. |
| price | . the money value of a unit of a GOOD, SERVICE, FINANCIAL SECURITY or ASSET which a buyer is required to pay a seller to purchase the item. |
| cost of funds | is a reference to the interest rate paid by financial institutions for the funds that they use in their business. |
| fair market price | at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both having reasonable knowledge of relevant facts. |
| Yield to Maturity | is the total return anticipated on a bond if the bond is held until it matures. |
| Principal | The most commonly used refers to the original sum of money borrowed in a loan or put into an investment. |