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A Financial Contract in Which a Bank Agrees to Sell

question 31

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A financial contract in which a bank agrees to sell the expected future returns from an underlying bank loan to a third party is referred to as


Definitions:

Primary Punisher

A stimulus that is inherently punishing; an example is electric shock.

Secondary Punisher

A stimulus that becomes punishing because it is associated with a primary punisher.

Negative Reinforcement

A process in behavior modification where the removal of an undesirable or unpleasant outcome after the display of a behavior increases the likelihood of the behavior being repeated in the future.

Primary Reinforcer

A stimulus that fulfills a basic biological need or instinct, such as food, water, or sleep, and is inherently rewarding.

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