Examlex
What condition (or reality) does Kettl argue that challenges classical and bureaucratic models of organization?
Asset-Backed Bonds
Bonds that are secured by a pool of assets, such as loans or receivables, which generate the cash flow to pay bondholders.
TIPS
Treasury Inflation-Protected Securities, a type of U.S. Treasury bond designed to help investors protect against inflation.
Maturity
The date on which the principal amount of a financial instrument, such as a bond or loan, becomes due and is repaid to the investor.
Coupon
The yearly rate of interest distributed on a bond, represented as a percentage of its nominal value.
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