Glossary. 1  Duration: A measure of the sensitivity of the price of a bond to a change in interest rates. 2  Maturity: The number of years left until a bond repays its principal to investors. 3  Yield: The income return or interest received from a bond.  Coupon: The interest payments a bondholder receives until the bond matures.
The overall winner of the Tour de France 2016 will receive â¬500,000; second place takes home â¬200,000 and third place gets â¬100,000. Prize money is scaled down and awarded out to last place. The cyclists ranked 91st through to last place and who finish the race receive â¬1,000.
The purse at the 2014 U.S. Open was $9 million, and the winner's share was $1.62 million. The European Tour uses conversion rates at the time of the tournament to calculate the official prize money used in their Race to Dubai (â¬6,665,578 in 2014).