Maturity date defined

We can define forward rates in terms of the short rate. Again for infinitesimal change in time from a forward date TitoT (for example, two bonds whose maturity dates are very close together), we can define a forward rate for instantaneous borrowing, given by... 

Perhaps the most noteworthy of this brief historical outline is that all the cited dates are from more than a quarter century ago. Of course, this is not to imply that nothing has happened since in terms of theoretical or technological developments, but the message is that EPR in general, and bioEPR in particular, is a mature spectroscopy, whose application readily pays off if you just take the trouble of getting acquainted with its now-well-defined requirements, possibilities, and limitations. 

Limited market based on acreage expected effectively -minor uses. Potential demand is expected to mature to 300-400M acres "at some future date which is difficult to define. 

The experimental work done to date in the reaction kinetics of SO2 depolarized electrolyzers, electrocatalyst evaluation, and tests on small experimental cells has led to projections of cell voltage for a mature technology. Table III presents these projections, as a function of electrolyte concentration and operating temperature. These projections will be refined, as the development work progresses, to expand the matrix of variables, increase the confidence level in the figures, and define an optimum set of operating parameters. 

Estimated ultimate recovery ( UK) is not a resource category as such, but a term which may be applied to an individual accumulation of any status or maturity (discovered or undiscovered). Estimated ultimate recovery is defined as those quantities of petroleum which are estimated, on a given date, to be potentially recoverable from an accumulation, plus those quantities already produced from there. 

For the sake of choosing a convention, we define 1 unit of t to be exactly 365 days. As a result, since our sample default swap witnesses the leap year date on 29 February 2004, the maturity of the swap occurs in 2.003 years instead of an even 2.000. 

Because a callable bond has more than one possible redemption date, its future cash flows are not clearly defined. To calculate the yield to maturity for such a bond, it is necessary to assume a particular redemption date. The market convention is to use the earliest possible one if the bond is priced above par and the latest possible one if it is priced below par. Yield calculated in this way is sometimes referred to as yield to worst (the Bloomberg term). 

Loans have less uniform terms than bonds, varying widely in their interest dates, amortization schedules, reference indexes, reset dates, maturities, and so on. How their terms are defined affects the analysis of cash flows. 

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