Search results
Results from the Health.Zone Content Network
A prize-linked savings account ( PLSA) or lottery-linked deposit account is a savings account in which some of the interest payment on bank deposits or marketing dollars are distributed as prizes based on chance. They are attractive to consumers as they function both as a sweepstakes or game of chance (as there is a small chance of a large ...
The Prize Bond Company is a joint venture between the founders An Post and FEXCO and is based in Killorglin, County Kerry. The company was created in 1989 with issued share capital between the founders of 50% each and will operate the scheme under its current (as of 2011) contract until the end of 2019. Employees of the Prize Bond Company are ...
Virtual currency, or virtual money, is a digital currency that is largely unregulated, issued and usually controlled by its developers, and used and accepted electronically among the members of a specific virtual community. [1] In 2014, the European Banking Authority defined virtual currency as "a digital representation of value that is neither ...
Bond and Bond Price Basics Bonds have a set term; usually, a bond’s term ranges from one to 30 years. Within this time frame, there are short-term bonds (1-3 years), medium-term bonds (4-10 ...
The yield will match the coupon rate when a bond is issued and sold at par value. However, if an investor pays less than the par value, their return would be more significant since the coupon ...
Agency bonds typically offer slightly higher yields than Treasurys, making them a low-risk way to get some extra return in your portfolio. Advantages: Higher return than Treasurys, overall safety ...
The bonds are entered in a monthly prize draw and the government promises to buy them back, on request, for their original price. The government pays interest into the bond fund (4.65% per annum from September 2023) [1] [2] from which a monthly lottery distributes tax-free prizes to bondholders whose numbers are selected randomly.
The Secretary of the Treasury is charged with the obligation to produce currency and bonds. 31 U.S.C. § 5114. Treasury Department regulations further specify the quality of paper and ink to be used. 31 C.F.R. Part 601. The denominations and design of currency are not further specified by law; for example, the choice of $1, $5, $10, $20, $50 ...