SERIES EE BOND
Series EE Bond is a US government savings bond that is non-marketable and interest-bearing. The Series EE bond guarantees the doubling of the bond in value for the initial term that usually spans 20 years. Majority of the interest-paying life of Series EE bonds go beyond the initial maturity date. It may take up to 39 years.
POPULAR TERMS
Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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