What is bond, type , rating? What is paydown , factor , credits rating? What is swap, income , corporate action and its type

Question

Accepted Answer

Bond, paydown, factor, credit rating, swap, income, corporate action and its type are all financial terms.

Bond is a debt security that pays interest to the investor.
Paydown is the reduction of the outstanding principal amount of a loan.
Factor is the percentage of the original principal amount of a loan that remains outstanding.
Credit rating is an assessment of the creditworthiness of a borrower.
Swap is a financial contract in which two parties agree to exchange cash flows.
Income refers to the money received from investments or employment.
Corporate action is an event initiated by a publicly traded company that affects its stock.
Types of corporate actions include stock splits, mergers, and acquisitions.

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