Examlex
Retractable preferred shares are those which can be redeemed only at the investor's discretion.
Diversification
An investment strategy that involves spreading investments across various assets to reduce risk.
Adverse Selection
A situation where asymmetric information leads to the selection of undesirable risks or goods, particularly noticeable in insurance and finance markets.
Labor Market
The supply and demand for labor, where employers seek to hire employees, and individuals offer their work or services.
Screening
The process of evaluating or examining something to ascertain its condition or identify the presence of something.
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