Examlex
There are recent examples of corporations issuing 100-year bonds. Why would a corporation issue such long-term bonds when the interest rate risk is greater for long-term bonds?
How does interest rate risk affect the issuer?
Movable Thing
An item of personal property that can be physically relocated from one place to another, as opposed to immovable or real property.
Firearm
A portable weapon that launches one or more projectiles driven by rapidly expanding high-pressure gas produced by combustion.
Restatement of Contracts
A comprehensive summary that clarifies, organizes, and illustrates the principles of contractual law.
Private Organization
An entity operating independently of direct government control, typically established for private, non-commercial purposes.
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