Examlex
The net cost to society from prohibiting the operation of a competitive market in equilibrium is
Treasury Bond
Long-term, fixed-interest U.S. government debt securities with maturities over ten years, considered low-risk investments.
Futures Contract
A contractual agreement regulated by law, specifying the sale or purchase of an item at a fixed price, to be executed at a later date.
Spot Price
The immediate market value at which certain assets, like commodities, currencies, or securities, are available for purchase or sale with instant delivery.
Liquidate
The process of converting assets into cash or equivalent by selling them, often used in the context of closing a business or paying off debts.
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