Statistical Terms Glossary

The issuer has the right to redeem the bond at a specified earlier date than the one originally fixed as the final maturity.

Bond with warrant attached which entitles the investor to purchase stock.

The investor has the right to require redemption of the principal at a specified date earlier than the one originally fixed as the final maturity.

Bond with a right to redeem it before maturity.

Short-term borrowing that serves as an interim source of funds for a project that is eventually to be financed by the scale of bonds.

One who owns a bond.

See rating agency

Bonds and debentures are long-term securities that give the holders the unconditional right to one or both of:

(a) a fixed or contractually determined variable money income in the form of coupon payments, i.e. payment of interest is not dependent on earn

Include bonds, debentures, commercial paper, promissory notes, certificates of deposit, and other tradable non-equity securities (with the exception of financial derivatives).

Bonds and notes are debt instruments that usually give the holder the unconditional right to fixed money income or contractually determined variable money income. With the exception of perpetual bonds, bonds and notes also provide the holder with an unconditional right to a fixed sum as repayment of principal on a specified date or dates

A share given as a bonus to purchasers of such shares.

It refers to all payments to employees which were not paid regularly at each pay period, including bonuses paid at fixed periods, but not paid regularly at each pay period and bonuses linked to individual or collective performance. These bonuses are not included in the hourly and monthly earnings. In some tables presenting monthly earnings, an estimation of the monthly value of the bonuses is included separately. Bonuses are included in annual earnings.

These bonuses are not paid regularly at each pay period and are linked to individual or collective performance. The amount of such bonuses is not laid down in advance and is determined according to production objectives, quality, productivity, value added, turnover or the profits of the enterprise.

U.S. term for a security, not in the form of a certificate, but as an entry in an account at a bank. Eighty percent of marketable U.S. Treasury securities are now held in book-entry form.

The price of a product as quoted in the producer’s price list, catalogue, internet site, etc. The gross price exclusive of all discounts, surcharges, rebates and the like that apply to an actual transaction.

Sums entered in the balance sheet of the plan sponsor as reserves or provisions for occupational pension plan benefits. Some assets may be held in separate accounts for the purpose of financing benefits, but are not legally or contractually pension plan assets.

Book reserves or provisions are sums entered in the balance sheet as reserves or provisions for supplementary pension benefits.

Book value is the value at which an equity or other capital asset or liability is recorded in the balance sheet of an entity. Book value can reflect one of the following valuation methods:
• Historical cost
• Replacement cost
• An interim adjusted price, which is not the current market price
• Fair market value
• Current market price

In an international bond issue or Eurocredit, when there are several lead managers, the one mandated by the borrower to control the distribution of the issue.

Type of surface irrigation where long, uniformly graded strips of land called borders and separated by earth bunds are dug on the soil in order to guide the irrigation water as it flows down the field.

Price of a tradable good at a country's border or port of entry.

Any measure which acts to restrain imports at point of entry.

Are persons commuting between their country of usual residence (which is usually their country of citizenship as well) and their place of employment abroad.

A sub-system of controlled flood irrigation in which the land is divided into parallel border strips demarcated from one another by earth ridges. Water is successively delivered into each strip from a head or field ditch at its upper end. On the upstream part of each strip is a flat zone, the level portion from which the stream of water spreads evenly across the entire downstream portion.

An account showing the principal outstanding on a borroer's loan.