What Is the Purpose of Checks and Balances

question 76

Short Answer

What is the purpose of checks and balances?

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Definitions:

NASDAQ System

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.

Unlisted Securities

Securities that are not traded on a formal exchange, often having fewer regulatory requirements.

Thirty-Year Bond

A long-term debt security issued by governments or corporations with a maturity of thirty years, often used as a benchmark for fixed-income securities.

Primary Market

A subdivision of financial markets in which securities are sold for the first time. The sale is by the issuing company to investors. Compare with Secondary market.