Define Three of the Six Terms Presented Here

question 122

Essay

Define three of the six terms presented here:
a.Corporate bond.
b.Bond indenture.
c.Trustee.
d.Mortgage bond.
e.Debenture bond.
f.Convertible bond.

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Definitions:

Automatic Stabilizers

Economic policies and programs that automatically adjust to counteract economic fluctuations without the need for explicit government action.

Recessionary Pressures

Economic factors or conditions indicating an impending or current period of economic downturn.

Recessions

Intervals of brief economic downturn during which there is a reduction in trade and industry activity, most often marked by a decline in GDP over two successive quarters.

Government Spending

Expenditures made by the government for the purpose of maintaining the economy and public services.