Examlex
Explain the risks associated with bond investments.In your answer discuss the role of ratings agencies and where possible demonstrate the risks with numerical examples.
Lock-box System
A collection and processing service provided by banks to speed up the receipt and deposit of checks from customers.
Disbursement Float
The time delay between when a check is issued and when it is deducted from the payer's bank account.
Issuance
The process of offering new or existing securities for sale to investors by a corporation or government entity.
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