Examlex
The melting of a glacier results in:
Derivative Positions
Financial contracts whose value is derived from the value of an underlying asset.
Distressed Firms
Companies experiencing financial or operational difficulties, often characterized by liquidity problems, default, or bankruptcy risks.
Convertible Bonds
Debt securities issued by a corporation that can be converted into a predetermined number of the company's shares at certain times during the bond's life, usually at the discretion of the bondholder.
Currency Speculation
The act of buying, selling, or holding currencies with the expectation that their value will change to make a profit.
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