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In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
Canadian Tire Money is denominated in Canadian dollars. It is earned based on the pre-tax amount of a purchase, excluding labour and shop supplies costs. The initial rate earned was 5% of the eligible purchase price, but it was lowered to 3%, then to 1.4% and now is 0.4%. When used to pay for merchandise, CTM is considered to be a cash ...
The number of distinct senses that are listed in Wiktionary is shown in the polysemy column. For example, "out" can refer to an escape, a removal from play in baseball, or any of 36 other concepts. On average, each word in the list has 15.38 senses. The sense count does not include the use of terms in phrasal verbs such as "put out" (as in ...
The mill ( American English) or mil ( Commonwealth English, except Canada) is a unit of currency, used in several countries as one-thousandth of the base unit. Symbolized as ₥, the MILL SIGN character in Unicode. In the United States, it is a notional unit equivalent to a thousandth of a United States dollar (a hundredth of a dime or a tenth ...
When Eric Cooper, a 50-year-old early retiree, needed to tap his retirement savings before the age of 59 and a half, he faced the possibility of steep penalties. But he found a way around it using ...
This list excludes words that come from French, but were introduced into the English language via a language other than French, which include commodore, domineer, filibuster, ketone, loggia, lotto, mariachi, monsignor, oboe, paella, panzer, picayune, ranch, vendue, and veneer . English words of French origin can also be distinguished from ...
Say you earn an income of $2,000 a month. Following the 50/30/20 rule would mean allocating $1,000 to needs, $600 to wants and $400 to savings or high-interest debt. But if your monthly rent and ...
Amortizing loan. In banking and finance, an amortizing loan is a loan where the principal of the loan is paid down over the life of the loan (that is, amortized) according to an amortization schedule, typically through equal payments. Similarly, an amortizing bond is a bond that repays part of the principal ( face value) along with the coupon ...
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