Examlex
Explain how a "leaky bucket" can be used to illustrate the utilitarian argument that governments should not attempt to completely equalize individual incomes.
Clearinghouse
An intermediary between buyers and sellers of financial instruments that ensures the orderly and efficient settlement of transactions.
Futures Contract
An official contract sanctioned by law for the buying or selling of a particular good at a set price, due at a future time.
Guarantee
A formal pledge to pay another's debt or to perform an obligation if the person who is supposed to pay or perform fails to do so.
Fulfill
To achieve or complete a duty, requirement, or condition.
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