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__________ Is the Term Used to Describe the Situation When

question 87

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__________ is the term used to describe the situation when retailers use some combination of stores,catalogs,and the Internet to sell merchandise.


Definitions:

Note

Unsecured debt, usually with a maturity under 10 years.

Protective Covenant

A clause in a financial contract that restricts certain actions of the borrower to protect the lender's interests.

Liquidity Premium

The additional return investors demand for holding a security that is not easily convertible into cash without loss of value.

CCC/CC/C Credit Ratings

Credit ratings given by rating agencies to denote high-risk bonds that are likely to default.

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