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Asset Classes
Categories of assets with similar characteristics and behavior in the marketplace, such as stocks, bonds, real estate, and cash.
Securities
Assets indicating an equity share in a publicly-listed firm (stock), a lending arrangement with a corporation or government (bond), or ownership rights via options.
Agency Problem
A conflict of interest between the principals, such as shareholders, and the agents managing the company, like executives or managers.
Empire Building
A strategy where a company's executives expand their organization's size and operations, often to increase power and control, regardless of shareholder benefit.
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