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Finance

Finance, as a field of knowledge, is substantially wide-ranging and virtually encompasses everything in the realm of corporate finance, financial management, financial accounting, budgeting, financial planning, and so on.

This section covers almost every term and concept in the area of finance at large.

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Full coupon: a bond with a full coupon has an interest coupon very close to the coupons being carried on new issues of the same maturity. Newly issued securities carry an interest rate called full coupon and, thus, must be selling at a price close to their par value. Fixed-income securities with a full coupon pay interest at the rate currently required by buyers of securities of the same maturity and credit quality... read more»

Featured Definition

Negative equity: an equity that has a negative value. This situation arises when an asset is worth less than the money used or borrowed to finance it. An example of negative equity is a house whose market price is lower than the remaining value of the mortgage obtained to buy it ....

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