Examlex
When does the kickdown valve force downshifts?
Dealer
An individual or firm in the financial markets that stands ready to buy or sell securities for their own account, at their own risk.
Security
A financial instrument that represents an ownership position in a publicly-traded corporation (stock), a creditor relationship with governmental body or a corporation (bond), or rights to ownership as represented by an option.
Income Bonds
Bonds that pay interest only when the issuer has sufficient earnings, making them riskier than regular bonds that guarantee interest payments.
Rating
A rating refers to an evaluation or assessment of something's quality, quantity, or a combination thereof, often used in financial contexts to gauge the creditworthiness of entities.
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