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Coupon Rate

The rate which is earned on a bond purchased at a price equal to par value, and is paid by...

Nominal Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

Face Interest Rate

The interest rate that is expressed and shown as a percentage interest on the "face" of a bond or a...

Face Value

The amount that indicates the worth of an instrument, security, investment, account, etc. For example, the face value of a...

Par Value

The stated value of an investment/ instrument/ security. It refers to the fixed monetary value of stocks, bonds, investments, and...

Convertible Par

The face value of a convertible, i.e., the value that a holder redeems at maturity. The market price of a...

NV

It has many meanings in different contexts. It may stand for nominal value; a measure of value of assets and...

Nominal Value

A measure of value of assets and liabilities. For an asset, it is its unadjusted value that does not take...

Bond Points

A bond point is worth $10; it is a unit of measure for bond prices that is set at $10...

Callable Fixed-Rate Note

A callable note that pays a fixed rate coupon for its entire tenor. It allows the issuer to early terminate (premature or early termination)...