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A derivative is a financial instrument whose value is determined by
Sub-Prime Loan
A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans, usually because of poor credit histories.
Prime Rate
Rate of interest that banks charge their most creditworthy customers.
Mosaic Law
A collection of laws, moral codes, and religious instructions attributed to Moses in the Jewish and Christian traditions, forming the basis of biblical law.
Koran
The holy book of Islam, believed to be the word of God (Allah) as revealed to the Prophet Muhammad.
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