bond-basics

Principal

The face amount or Par amount of a Bond, not including interest, payable on its Maturity Date.

See Also

Par Value

The stated or face amount of a bond.

Interest

The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.

Hudson Yards Rail Yards

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Term of the Week

Securities Act of 1933

Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.