Examlex
Discriminatory practices continue in part because various individuals and groups actually benefit from racial and ethnic discrimination in terms of money,status,and influence.
Collateral
An asset that a borrower offers to a lender as security for a loan, which can be seized if the borrower fails to repay the loan.
Callable Bond
A type of bond that gives the issuer the right to pay off the bond before its maturity date.
Debenture
A type of debt instrument that is not secured by physical assets or collateral.
Interest Rate
The fee a lender imposes on a borrower for the utilization of assets, represented as a proportion of the principal amount.
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