Examlex
Which of the following choices is not a good term for a definition paragraph?
T-Bills
Short-term government securities issued at a discount from the face value and maturing at par, typically used as a low-risk investment.
Money Market
A financial market for debt securities with maturities of less than 1 year (short term). The New York money market is the world’s largest.
Debt Securities
Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental.
Secondary Market
The financial market where investors buy and sell securities they already own, as opposed to the primary market where securities are first issued.
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