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Premium Bonds is a lottery bond scheme organised by the United Kingdom government since 1956. At present it is managed by the government's National Savings and Investments agency. The principle behind Premium Bonds is that rather than the stake being gambled, as in a usual lottery , it is the interest on the bonds that is distributed by a lottery.
Quizlet was founded in October 2005 by Andrew Sutherland, who at the time was a 15-year old student, [2] and released to the public in January 2007. [3] Quizlet's primary products include digital flash cards , matching games , practice electronic assessments , and live quizzes.
In finance, a bond is a type of security under which the issuer owes the holder a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date and interest (called the coupon) over a specified amount of time. [1])
An insurance bond (or investment bond) is a single premium life assurance policy for the purposes of investment. Due to tax laws they are a common form of investment in the UK and some offshore centres to avoid tax. Traditionally insurance bonds were with-profits policies and were often called with-profit(s) bonds.
It did so on 1 February 2015, and redeemed the 3 1 ⁄ 2 % and 3% bonds between March and May of that year. The final 2 3 ⁄ 4 % and 2 1 ⁄ 2 % bonds were redeemed on 5 July 2015. [3] Section 124 of the Finance Act 2015 made the legal provisions for the ending of the consol. [4]
The return from equity is the sum of the dividend yield and capital gains and the risk free rate can be a treasury bond yield. [7] For example, if an investor has a choice between a risk-free treasury bond with a bond yield of 3% and a risky company equity asset, the investor may require a greater return of 8% from the risky company.
Economic anthropology is a scholarly field that attempts to explain human economic behavior in its widest historic, geographic and cultural scope. Its origins as a sub-field of anthropology begin with the Polish–British founder of anthropology, Bronisław Malinowski , and his French compatriot, Marcel Mauss , on the nature of gift-giving ...
A bond vigilante is a bond market investor who protests against monetary or fiscal policies considered inflationary by selling bonds, thus increasing yields. [1]