Examlex
The government has no right to spy on its citizens because citizens have a right to privacy. And this is true because such a right is guaranteed by the Constitution-which follows from the fact that our founding fathers recognized the sanctity of individual privacy against the intrusive power of the government. And of course this is true because the government has no right to spy on its citizens.
Risk Averse
The preference to avoid uncertainty, expressing a behavior where individuals prefer known risks over unknown outcomes.
Financial Investment
Allocating money into an asset or a project with the expectation of generating income or profit.
Government Bond
A type of investment where an investor loans money to a government in exchange for periodic interest payments plus the return of the bond's face value at maturity.
Moral Hazard
The situation where one party in a transaction has the opportunity to take risks because they know the other party will bear the costs.
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