Examlex
In 2014,________ was elected governor of Texas.
Marketable Securities
Short-term financial instruments that can be quickly converted into cash at a reasonable price, like stocks and bonds.
Treasury Bill
A short-term government security issued at a discount from the face value and pays no interest.
Commercial Paper
An unsecured, short-term debt instrument issued by corporations, typically for financing accounts receivable and inventories.
Certificates of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate, often issued by banks.
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