Definitions for the most common bond and fixed income terms. Annuity, perpetuity, coupon rate, covariance, current yield, par value, yield to maturity. etc.| Corporate Finance Institute
Markets include brokers, dealers, and exchange markets. The different types of markets allow for different trading characteristics, as outlined in this guide.| Corporate Finance Institute
The term market price refers to the amount of money for what an asset can be sold in a market. The market price of a given good is a point of convergence| Corporate Finance Institute
Junk Bonds, also known as high-yield bonds, are bonds that are rated below investment grade by the big three rating agencies| Corporate Finance Institute
Fixed income securities are a broad class of very liquid and highly traded debt instruments, the most common of which is a bond.| Corporate Finance Institute
There are different types of bond issuers. These bond issuers create bonds to borrow funds from bondholders, to be repaid at maturity.| Corporate Finance Institute
An asset class is a group of similar investment vehicles. They are typically traded in the same financial markets and subject to the same rules and regulations.| Corporate Finance Institute
Equity risk premium is the difference between returns on equity/individual stock and the risk-free rate of return.| Corporate Finance Institute
Bonds are fixed-income securities that are issued by corporations and governments to raise capital. The bond issuer borrows capital from the bondholder and makes| Corporate Finance Institute