Examlex
Securitization is the process of creating marketable securities from various types of loans.
Cash Equivalents
Brief-duration investments that can be easily converted into specific cash amounts and are highly liquid.
Human Error
Mistakes made by people, often attributed to factors such as misjudgment, confusion, or oversight.
Human Fraud
Intentional trickery by members of an organization aimed at obtaining an unethical or illegal advantage.
Cost-Benefit Principle
An economic principle that compares the cost of an action to its benefits. The action is considered favorable if the benefits outweigh the costs.
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