Examlex
The Fed's monetary policy strategy can be described as follows:
Cancellable
Refers to an agreement or contract that can be terminated or annulled by the involved parties.
Lessor
The entity that rents out a property or asset to another entity, referred to as the lessee.
Sale and Leaseback
A financial transaction where one sells an asset and leases it back for the long-term; thus, continuing to use the asset but no longer owning it.
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