Examlex
A representative who votes according to the preferences of his or her constituency acts as a delegate.
Risk-Free Rate
The theoretical rate of return on an investment with zero risk, often represented by the yield on government securities.
Put Bonds
Bonds that grant the holder the right to force the issuer to buy back the bond at a predetermined price before maturity.
Convertible
A financial security (for example, a bond or a preferred stock) that can be converted into a different form, often common stock.
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