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Subordinated Debt
A type of debt that ranks below other debts and securities in terms of claims on assets or earnings in the event of a liquidation.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures.
Expected Return
The anticipated return on an investment based on the probabilities of achieving certain returns, factoring in all possible outcomes.
Bankruptcy Laws
Statutes that govern the process through which individuals or businesses unable to meet their financial obligations can seek relief from some or all of their debts.
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