FIXED BOND Definition

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FIXED BOND pays an income stream and redemption payment at maturity that is fixed in monetary terms; however, high inflation will erode the real value of these payments.

Learn new Accounting Terms

ATP is an acronym for After Tax Profit, Accredited Tax Preparer, and possibly more.

DEBT CONSOLIDATION is initiating one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.

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