Examlex
When the Federal Reserve buys bonds on the open market, it decreases the money supply.
Obligor
A party in a contractual agreement who is legally bound to perform a certain duty or pay a specified amount to another, the obligee.
Prohibited
Actions, practices, or items that are expressly forbidden by law, regulation, or other forms of authority.
Intended Beneficiary
A person or entity that is not a direct party to a contract but is meant to benefit from the contract’s performance.
Expressly Designating
Clearly specifying or identifying something or someone for a particular purpose.
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