Leviathan Was __________________________

question 13

Multiple Choice

Leviathan was __________________________.

• A) a Babylonian astronomer
• B) a great sea monster
• C) the name Noah gave to the ark
• D) a third son of Adam

---

Definitions:

Designated Market Maker

A designated market maker is a market participant responsible for maintaining liquidity in a financial market by buying and selling securities.

Securities

Assets indicating equity in a publicly-traded company, a bond signifying indebtedness to a company or government, or options granting ownership rights.

Collateralized Debt Obligations

Collateralized debt obligations (CDOs) are complex financial instruments that pool together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.

Default Risk

The potential that a borrower will fail to meet the obligations of a loan or debt agreement.