Examlex
A content delivery network (CDN) is a system of both hardware and software that stores user data in many different geographical locations and makes that data available on demand.
Systemic Risk
The risk of collapse of an entire financial system or entire market, due to the failure of a single entity or group.
Financial Crisis
A situation where the value of financial institutions or assets drops rapidly, leading to a loss of confidence, insolvencies, and liquidity shortages.
Collateralized Debt Obligations
A type of structured asset-backed security (ABS) with multiple layers of debt obligations typically secured by a pool of loans or other assets.
Promissory Note
A financial instrument comprising a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.
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