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William is constantly searching for employment, but has yet to be hired. While William is outside in the unemployment line, a woman yells at him as she drives by, "Get a job, you lazy bum!" Her assumption about William is an example of the __________.
Bondholder
An investor or institution that owns bonds issued by a corporation or government, entitling them to receive fixed interest payments and the return of principal at maturity.
Maturity
Maturity refers to the date on which the principal or face value of a financial instrument, such as a bond or loan, becomes due and payable.
Debenture
A type of debt instrument not secured by physical assets or collateral but based on the creditworthiness and reputation of the issuer.
Collateralized
Secured by an asset or property as a guarantee for the repayment of a loan.
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