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A(n) Prison Is Designed to Prevent Escapes and Violence but in a Less

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A(n) prison is designed to prevent escapes and violence but in a less rigid atmosphere.


Definitions:

Hedger

An individual or entity that enters into a financial contract to mitigate the risk of adverse price movements in an asset.

Swap Contract

A financial agreement where two parties exchange liabilities or cash flows from two different financial instruments for a set period.

Forward Contracts

Customized contracts between two parties to buy or sell an asset at a specified price on a future date.

Stock Brokers

Professionals or firms that execute buy and sell orders for stocks and other securities on behalf of their clients, in exchange for a fee or commission.

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