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How could insurance companies get around the restrictive provisions imposed by the bank holding company act of 1956?
Indenture Agreement
A contract between a bond issuer and bondholders, specifying terms like interest rates, maturity date, and other conditions.
Term Structure
The relationship between interest rates or bond yields and different terms or maturities, often depicted in a curve.
Inflation
The pace at which prices for services and products in general ascend, resulting in a decrease in the value of money to buy goods.
Call Provision
A feature in a bond or other fixed-income security that allows the issuer to buy back the security before its maturity date.
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