Examlex
(Last Word) How is the term "leverage" used in finance? Do modern banks use leverage?
Financial Freedom
The state of having sufficient personal wealth to live, without having to work actively for basic necessities, allowing an individual to enjoy life and pursue personal interests.
Risk Insurance
A financial product or service that provides protection against potential future losses or damages, typically involving the transfer of risk from an individual or business to an insurance company in exchange for premiums.
Political Risks
The uncertainties and potential losses that businesses may face due to political changes or instability in a country.
Immediate Compensation
Payment or remuneration provided promptly after services are rendered or a task is completed.
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