Examlex
Unlike stocks, for selling purposes, bond prices remain stable over the life of the bond.
Trial-And-Error
A problem-solving method involving repeated, varied attempts which are continued until success, or until the agent stops trying.
Formal Operational Thought
In Piaget’s theory, the fourth and final stage of cognitive development, characterized by more systematic logical thinking and by the ability to understand and systematically manipulate abstract concepts.
Metacognition
The awareness and understanding of one's own thought processes, often referred to as "thinking about thinking."
Hypothetical Thought
The ability to consider ideas, scenarios, and possibilities that do not necessarily reflect current reality or direct experiences.
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