Examlex
A mutually exclusive investment is one where one investment is chosen and the others are ultimately sacrificed or excluded.
Federal Reserve Board
An independent agency of the federal government established in 1913 to regulate the nation’s banking and financial industry.
Securities
Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
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