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John F. Kennedy's legislative program, which emphasized a liberal agenda and included raising the minimum wage, providing health care for the elderly, and increasing government spending to stimulate the economy was known as the .
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.
Specific Assets
Assets that are designated for a particular use or service within a business, often tailored to particular operational requirements.
Appreciation
The increase in the value of an asset over time, which can affect investments, real estate, and other properties due to a variety of factors such as demand and inflation.
Default Risk
The risk that a borrower will not make the required payments on their debt obligations.
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