Fixed Interest Rate

Series EE Bond
A Series EE Bond is a type of U.S. government savings bond that earns a fixed interest rate for up to 30 years and is guaranteed to double in value if held for 20 years.
Shared-Appreciation Mortgage (SAM)
A Shared-Appreciation Mortgage (SAM) is a residential loan characterized by a fixed interest rate set below market rates. The lender is entitled to a specified share of the appreciation in property value over a specified time interval.
War Loan
A War Loan refers to government-issued securities distributed during wartime to raise funds for war efforts. These loans typically carry a fixed interest rate and traditionally do not have a redemption date.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.