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Name One Use of Secondary Data

question 24

Essay

Name one use of secondary data.


Definitions:

Credit Unions

Cooperative financial institutions owned and controlled by their members, providing savings accounts, loans, and other financial services to members.

Depository Financial Institution

A financial institution legally allowed to accept monetary deposits from consumers, such as banks and credit unions.

Secondary Market

Collection of financial markets in which previously issued securities are traded among investors.

Debenture

Unsecured corporate bond.

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