Examlex
All of the following statements about person-centered messages are true, EXCEPT:
Immunization
A strategy in bond portfolio management aimed at minimizing the impact of interest rate changes on the portfolio's value while ensuring that the portfolio meets future cash flow needs.
Asset Portfolio
A collection of various types of investments held by an individual or institution.
Liabilities
Financial obligations or debts owed by a company or individual to creditors, typically categorized as current or long-term.
Rebalancing
The process of realigning the proportions of assets in a portfolio to maintain the original or desired level of asset allocation and risk.
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