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The police version of ten-codes is officially known as the APCO Project 14 Aural Brevity Code. [1] The codes, developed during 1937–1940 and expanded in 1974 by the Association of Public-Safety Communications Officials-International (APCO), allow brevity and standardization of message traffic.
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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.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...