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Who said, "Subprime mortgages can be productive and fruitful. We just have to put boundaries in place"?
Value
The economic, physical, or appraised valuation of a resource, merchandise, or assistance.
Term Loans
Loans from financial institutions that have a set repayment schedule and a fixed or floating interest rate.
Lockup Agreement
A contractual provision preventing insiders of a company from selling their shares for a certain period of time following an initial public offering (IPO).
Secondary Equity Offerings
Public sale of previously issued stock held by large investors or company insiders, often to raise additional capital.
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