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Investment Portfolio
An assortment of monetary assets, including shares, bonds, commodities, money, and near-money instruments such as mutual funds and exchange-traded funds (ETFs).
Asset Classes
Categories of assets with similar characteristics and behavior in the marketplace, such as stocks, bonds, real estate, and cash.
Securities
Assets indicating an equity share in a publicly-listed firm (stock), a lending arrangement with a corporation or government (bond), or ownership rights via options.
Agency Problem
A conflict of interest between the principals, such as shareholders, and the agents managing the company, like executives or managers.
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