Examlex
Circular muscles are sometimes called sphincter muscles.
Collateral
An asset pledged as security for repayment of a loan, to be forfeited in the event of default.
Secured Bonds
Bonds that are backed by collateral, providing a safer investment option with lower interest rates due to reduced risk.
Debenture Bonds
Bonds that are unsecured and are issued only on the general credit of a corporation.
Quoted
Refers to the current price of a security, commodity, or currency that is stated in communication or trading.
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