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A feature of debt markets in emerging-market countries is that debt contracts are typically
Clitellum
A thickened, glandular section of the body found in certain worms, like earthworms, important for reproduction.
Cocoon
A protective casing spun by the larvae of many insects (like moths and butterflies) and some other animals, where they undergo metamorphosis into their adult forms.
Clams
Aquatic bivalve mollusks known for their soft bodies enclosed within a hinged shell, often consumed as seafood or used in research.
Filter-Feeders
Organisms that feed by straining suspended matter and food particles from water, commonly found in aquatic environments.
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