Sentences with phrase «rungs of a ladder representing»
Each rung of the ladder represents a bond.
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Roger Hart, a sociologist for UNICEF who developed the original Ladder of Children's Participation in 1994, identified the first three rungs as representing forms of non-participation.
the dollar amount of all interest earned on government and corporate debt obligations and short - term certificates of deposit, as well as interest earned from cash in a brokerage account; for bond ladders it represents the estimated annual income that will be received from the securities that make up the rung; the income is calculated by multiplying the coupon rate by the quantity of bonds (face value)