A

 

 

Above Par

Above Par is when the amount of money you pay for a bond (Principal Amount) is the greater than the amount of money you get back when the bond matures (Face Value).  A bond that trades "above par" is also called a Premium Bond.

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Annual

Annual means every year.

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Ask

Ask is the price where a trader will sell a stock, bond or other financial investment. Offer is another word for Ask.

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Asset

An asset is anything that has value.  A stock, bond, house, painting and jewelry are all examples of assets.