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Not to Be Confused with the Probability That the Borrower

question 49

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Not to be confused with the probability that the borrower will be unable to meet the obligations of principal and interest payments, default risk is the possibility of the borrower violating one of the many covenants within the bond agreement.


Definitions:

Racist Comments

Statements or remarks that demean or express prejudice against people based on their race or ethnicity.

Race Traitor Approach

A radical perspective promoting the rejection of one's racial privileges to fight racism and support racial justice, often associated with white allies in antiracist movements.

Color-Blind Racism

A form of racism that ignores racial discrimination and advocates the treatment of all individuals irrespective of their race, often maintaining racial inequality.

White Racial Bias

The conscious or unconscious prejudice in favor of white people over people of other races, often resulting in inequality in various societal aspects.

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