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Term of the day

Term of the day

Bond Discount

Amount in which a bond’s market price is below its principal amount. Its par value is usually $1,000. Also called discount bond.

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Electronic Funds Transfer Act
Electronic Meeting System - EMS
Electronic Money
Electronic Payments Network - EPN
Electronic Retailing - E-tailing
Electronic Transfer Account - ETA
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Employee Contribution Plan
Employee Engagement
Employee Retirement Income Security Act - ERISA
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Employee Stock Ownership Plan - ESOP
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