Examlex
Corporations issuing ________ bonds pledge a tangible asset as collateral to reduce the risk incurred by a bondholder.
Long Term
Refers to an extended period of time, especially in the context of investments or financial planning, typically over a year.
Initial Public Offering
The first sale of stock by a private company to the public, marking a transition from private to public ownership.
Book Building
A process by which an underwriter attempts to determine the price to offer for an initial public offering based on demand from institutional investors.
Polling
Polling refers to the process of conducting surveys to collect information or opinions from a selected group of individuals, often used in market research, politics, and social science.
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