Examlex
How does "development" differ from "research?"
Premium
An amount paid in addition to a standard price or rate; in insurance, it's the amount paid for coverage.
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay.
Bond Trustee
A financial institution appointed to oversee the interests of bondholders, ensuring the bond issuer meets all terms and conditions.
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