Examlex
Straight-ranking and forced distribution are two types of:
Bond
A promissory note issued by a business or a governmental unit.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.
Offer Price
The price at which a seller is willing to sell a security or commodity.
Government Bonds
Are debt securities issued by a government to support its spending, typically considered a low-risk investment.
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