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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.
Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates.
Market trend. A market trend is a perceived tendency of the financial markets to move in a particular direction over time. [1] Analysts classify these trends as secular for long time-frames, primary for medium time-frames, and secondary for short time-frames. [2] Traders attempt to identify market trends using technical analysis, a framework ...
The Channel Tunnel ( French: Tunnel sous la Manche ), sometimes referred to informally as the Chunnel, [3] [4] is a 50.46-kilometre (31.35 mi) undersea railway tunnel, opened in 1994, that connects Folkestone ( Kent, England) with Coquelles ( Pas-de-Calais, France) beneath the English Channel at the Strait of Dover.
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