SERIAL BOND
Serial Bond is a kind of bond issue. It is where a portion of the outstanding bond matures at regular intervals until all portions and thus the bonds have matured completely. Serial bonds are utilized for the finance of different kinds of projects that generate a regular, level or predictable income streams as the portions gradually mature over a period of years. Serial bonds may be also used to finance projects that have regular, debt payments namely residential developments and other projects.
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Equalization Payments
Payment the federal government made to an individual, province, or state to offset monetary imbalances between several parts of the country or indi ...
Seller
In the financial industry, a seller may be one of two things. First, it is an entity that may be an individual or a group that exchanges a product ...
SLL
SLL is the abbreviation for the currency in the Republic of Sierra Leone which is the Sierra Leone leone.
Error Term
Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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