Irrational and Irredeemable: Difference between pages

Revision as of 12:59, 28 June 2015

A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.

Also known as 'perpetual'.

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+A bond, preference share, or other security which pays periodic coupons or dividends in perpetuity, but never repays the principal.
-''Economics''.
-Market behaviour or other economic behaviour which is not wealth-maximising under traditional economic models.
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-''Maths''.
-An irrational number is a number which cannot be expressed as a simple fraction.
+Also known as 'perpetual'.
 == See also ==
-* [[Behavioural economics]]
+* [[Bond]]
-* [[Efficient market hypothesis]]
+* [[Perpetuity]]
-* [[Surd]]
+* [[Preference shares]]
+* [[Security]]