DOLLAR BOND Definition

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DOLLAR BOND is long-term municipal bonds quoted on a decimal or dollar price basis versus other municipal bonds, which are normally quoted on the basis of yield to maturity.

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PENCE is a currency of Falkland Islands, St. Helena, and United Kingdom.

PREDICTOR RATIOS: Most ratios are descriptive in nature; that is, they describe the firm as it is now. As you might expect, Predictor Ratios provide suggestions about likely future conditions for the firm. VentureLine provides two industry standard Predictor Ratios:

  1. Altman Z-Score - a valid predictor or bankruptcy, and,
  2. Sustainable Growth Rate - shows the degree to which a concern can grow using their retained earnings to fund growth.

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