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Implicit learning:
Debt-For-Equity Swaps
A financial restructuring tool where a portion of debt is exchanged for a pre-determined amount of equity or stock.
Fair Value
An estimation of the market value of an asset or liability based on the assumptions market participants would use when pricing the asset or liability.
Derivatives
Financial instruments whose value is derived from the value of one or more underlying assets or indices.
Hedges
Financial strategies or instruments used to offset potential losses or gains in another investment or position.
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