Examlex
SEM has the following characteristics:
Secondary Market
A market where investors buy and sell securities or assets from other investors, rather than from the issuing entities.
Borrower's Ability
The capacity of an individual or organization to repay borrowed funds.
Loan Applications
The process by which an individual, business, or organization requests to borrow money from a financial institution.
Initial Public Offering
The first time a company offers its shares to the public for purchase, marking a private company's transition to a public company.
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