Examlex
Which statement is true?
SIVs
Structured Investment Vehicles, which are pool investment entities created to finance long-term assets with short-term debt, known for their role in the financial crisis due to liquidity issues.
Credit Default Swap
A financial derivative that allows an investor to "swap" or offset their credit risk with that of another investor.
Par Value
The face value of a bond or a stock, as stated by the issuing company, which may differ from its market value.
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