Examlex
The prototype theory of categorization states that:
Borrowers
Individuals or entities that take funds from a lender under the agreement to return the funds, typically with interest, over a set period.
Lender
An individual, a financial institution, or another entity that lends money to another party with the expectation that the money will be paid back with interest.
Floor Price
The minimum price level set for a financial security, commodity, or good, below which it cannot be sold in the market.
Convertible Bonds
Convertible bonds are securities that can be turned into a specified amount of equity in the company that issued them, typically at the choice of the person holding the bond, during specific periods of their duration.
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