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t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to ...
Finland – 1919–1932 [38] Hungarian Soviet Republic – March 21 – August 1, 1919 – Sale and consumption of alcohol was prohibited [39] (partial ban from July 23). [40] Iceland – 1915–1935 (see prohibition in Iceland ) – However beer with an alcohol content exceeding 2.25% was prohibited until 1989. [citation needed]
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
On August 25, 2009, the Ireland-based pharmaceutical company Warner Chilcott announced they had bought P&G's prescription-drug business for $3.1 billion. [29] P&G exited the food business in 2012 when it sold its Pringles snack food business to Kellogg's for $2.75 billion after the $2.35 billion deal with former suitor Diamond Foods fell short ...
The idea of net zero came out of research in the late 2000s into how the atmosphere, oceans and carbon cycle were reacting to CO 2 emissions. This research found that global warming will only stop if CO 2 emissions are reduced to net zero. [18] Net zero was basic to the goals of the Paris Agreement.
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