Which Joe gave his name to ‘sloppy joes’? We look at five interesting sandwiches and their lexical origins.
An investment bond on which interest is paid by presenting coupons.
- ‘To compute the price of a coupon bond in terms of its stripped components, the prices of each payment were estimated using the term structure of observed bid yields for strips.’
- ‘Efficient capital markets imply that the price of a coupon bond should not differ from the value of a package of cash flow components that replicates the coupon bond.’
- ‘This portfolio anticipates a volatile market environment with price swings in every asset class except the short-term zero coupon bond fund.’
- ‘The proceeds from selling the low coupon bonds and the strips left over from creating the coupon bond should exceed the amount paid for the high coupon bond.’
- ‘Our sample includes only pure discount and coupon bonds whose prices are not perturbed by any optionalities such as prepayment options.’
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From Afghanistan to Zimbabwe, discover surprising and intriguing language facts from around the globe.
The definitions of ‘buddy’ and ‘bro’ in the OED have recently been revised. We explore their history and increase in popularity.