Examlex
Because a state has a duty to protect its citizens and a right to regulate intrastate commerce,a law prohibiting the direct sale of goods to its citizens by out-of-state retailers is constitutionally valid as long as the sale can be made to in-state wholesalers who then sell to the state's citizens.
Normal
Typically refers to something that conforms to a standard or common pattern; in statistics, a distribution that is symmetrically clustered around its mean.
Treasury Bond
A long-term, fixed-interest government debt security with a maturity of more than ten years.
Liquidity Risk
The risk of loss to an investor from the inability to sell a security to another investor at a price close to its true value.
Maturity Risk
The risk associated with the time until the bond or other fixed income instrument pays its principal back. It can affect interest rates and investment value.
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