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The experience of existential shock is puzzling because
Premium
An amount paid in addition to the standard or expected cost, often for insurance coverage or higher quality goods and services.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.
Specific Assets
Assets that are designated for a particular use or service within a business, often tailored to particular operational requirements.
Appreciation
The increase in the value of an asset over time, which can affect investments, real estate, and other properties due to a variety of factors such as demand and inflation.
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