Examlex
Which of the following usually occurs in REM sleep?
Collateral
Assets pledged by a borrower to secure a loan or credit, which can be seized by the lender if the borrower fails to repay.
Bond Trustee
A financial institution appointed to oversee the interests of bondholders, ensuring the bond issuer meets all terms and conditions.
Bond Indenture
A legal contract between a bond issuer and a bondholder that specifies the terms of the bond, such as the interest rate, maturity date, and payment schedule.
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