Examlex
Empty nest means a transitional time of parenting when the youngest child leaves home.
Marketable Securities
Financial instruments that can be easily converted into cash, such as stocks, bonds, and Treasury bills.
Liabilities
Financial obligations or debts owed by a company or an individual to others, which must be settled over time by transferring economic benefits.
Collateralized Debt Obligations
A complex structured finance product that pools together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.
Credit Risk
The risk of loss arising from a borrower's failure to repay a loan or meet contractual obligations.
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