Examlex
When you write a check to pay for a Bill that was recorded as a Bill, you .
Interest-Rate Risk
The risk that an investment's value will change due to a change in the absolute level of interest rates, affecting debt securities inversely with respect to their prices and yields.
Unsystematic Risk
The portion of total risk that is specific to a single investment or to a small group of investments, also known as idiosyncratic or specific risk, which can be mitigated through diversification.
Bankruptcy
A legal process in which individuals or businesses unable to meet their financial obligations seek relief from some or all of their debts.
Par-Value Bond
A bond that is issued and redeemed at its face value, which is the amount paid to the bondholder at maturity.
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