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According to the Text, Is Characterized by Less Prominence of Personal

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According to the text, is characterized by less prominence of personal ties, a somewhat diminished role of the nuclear family, and a lessened sense of personal loyalty to the total society.


Definitions:

Bond Indenture

A legal contract between a bond issuer and bondholders detailing the characteristics of the bond, such as its maturity date, coupon rate, and payment schedule.

Bond Issuer

An entity, such as a corporation or government, that creates and sells bonds to finance its projects and operations.

Fiscal Year

A one-year period used for financial reporting and budgeting purposes, which does not necessarily align with the calendar year.

Semiannual Interest

Interest that's computed and disbursed semi-annually, commonly associated with bonds and loans.

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