Examlex
Consumption expenditures are sensitive to interest rates mainly because the decision to purchase a new home depends on the mortgage rate.
Investment Grade
A rating that signifies a municipal or corporate bond presents a relatively low risk of default.
Highest Rating
The top tier or grade assigned by rating agencies to entities or securities, indicating the lowest risk of default.
Bid Price
The highest price a buyer is willing to pay for an asset in the financial markets.
Dealer
An individual or firm in the financial markets that stands ready to buy or sell securities for their own account, at their own risk.
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