Examlex
Which of the following assets is most liquid?
Negotiable Certificate
A financial document indicating the holder's right to a specific amount of money that can be bought, sold, or traded.
Fixed-Income Market
The segment of the financial markets where instruments that pay a set return over a period are traded, such as bonds and treasuries.
Asset-Backed Debt
Debt securities or obligations that are secured by a pool of underlying assets, such as loans, leases, or receivables.
Corporate Debt
Corporate debt refers to the amount of money that a company borrows from various sources, including bank loans and issuing bonds, to finance its operations and growth.
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