Examlex
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Credit Ratings
Assessments of the creditworthiness of both borrowers (including governments, businesses, and individuals) and financial instruments, expressed through a grading system.
Callable
Describes a financial security (like a bond) that can be redeemed or "called" by the issuer before its maturity date, usually at a predefined price.
Convertible
Refers to a security (like bonds or preferred shares) that can be converted into a different form, commonly shares of the company's common stock.
Secured
Refers to loans or debt that are backed by collateral, reducing the risk for lenders.
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