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All of the following at one time had control over an essential resource that served as a barrier to entry except
Asset-backed Commercial Papers
Short-term investments secured by bundled assets, like loans or receivables, allowing companies to finance these assets.
Investors
Individuals or entities that allocate capital with the expectation of achieving a future financial return.
Securities
Assets which embody either ownership in a stock of a company available to the public, a lending relationship with a government or corporate entity through bonds, or claims to ownership via options.
Warrant Holder
An individual or entity that owns a warrant, giving them the right, but not the obligation, to buy a company's stock at a specified price before the warrant expires.
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