Examlex
What is comparative labor relations and why is it important for developing a broader understanding of labor relations?
Mortgage-Backed Security Tranches
Portions of a mortgage-backed security segregated by risk, payment timing, or other characteristics to suit different investors.
Default Risk Exposure
The likelihood that a borrower will be unable to make required payments on their debt obligations.
Investment
The allocation of resources, usually money, with the expectation of generating an income or profit.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during the bond's life, usually at the discretion of the bondholder.
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