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Bundled Securities
Financial instruments that combine multiple individual assets, such as stocks or bonds, into a single package for investment purposes.
Household Debt
The total amount of money owed by all members of a household, including mortgages, credit cards, and other loans.
Reserve Assets
Funds or other assets held by a central bank or monetary authority to back its liabilities and support the stability of its currency.
Adjustable Rate Mortgages
A type of mortgage loan where the interest rate can change, typically in relation to an index, and thus monthly payments can increase or decrease.
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