Examlex
Electric utilities that have substantial construction work in progress are usually viewed as being less risky investments than electric utilities that do not have substantial construction work in progress.
Fixed Rate
An interest rate that remains constant over the duration of a loan or investment, as opposed to a variable or floating rate.
Money Supply
The entire pool of financial assets existing in an economy at a specific timeframe.
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold.
Convertible
A type of automobile with a flexible roof system that allows it to transform between an enclosed and an open-air form.
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