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| is the amount the bond pays at maturity. it is usually the amount the investor pays for a newly issued bond, but may not be the price an investor pays on the open market |
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| is when a bond reaches the end of its financial life and the face value or principal is returned to the owner. bonds may have ___ of just a few years or may stretch out for many years |
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| is a rise in the cost of goods and services with a corresponding decrease in the value of money |
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| in bond parlance, means for the issuer to pay the owner the full face value of the bond. bonds are usually ___ at maturity, but can be ____ earlier through a call provision |
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| is a basket of goods and services tracked by the Bureau of Labor Statistics for the relative price change from month to month. this change is the rate of inflation |
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| is a marked decline in the prices of gods and services, usually accompanied by high unemployment and a drop in the output of a nation's economy |
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| is the Treasury Department's sales arm. they system allows investors to buy treasury issues directly from the government without going through a broker |
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| Consumer Price Index for Urban Consumers |
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| is a variation of the consumer price index that focuses in on those items that urban dwellers would buy to measure how inflation affects them |
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| are issued by corporations and are tied to a physical asset such as real estate or equipment. these bonds typically are more secure because of the collateral of the asset linked to the bond |
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| are unsecured bonds offered on the credit of the corporation. with a well-known, established company, this may not be a risky bond, but these are very risky investments with less financially secure companies, because they are unsecured by any corporate asset |
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| is the daily value of a mutual fund that includes all the assets minus the fund's liabilities converted to a per share price. this is the price at which you buy and sell mutual fund shares if you deal directly with the company |
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| comes from the bond markets where years ago bond investors had to clip ___ off the actual paper bond and send them in to receive their interest payment. thus, the term "___ chippers" was given to bond investors |
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| investing is a strategy that says investor success is a result of identifying quality investments and holding them rather than actively trading in and out of the market |
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