Examlex
An interest rate swap is commonly used by an issuer of fixed-rate bonds to:
Escape
The act of breaking free from confinement or restraint, often used in the context of escaping from prison or custody.
Agent's Crime
Illegal acts committed by an individual (agent) acting on behalf of another party.
Scope of Employment
The range of activities an employee is reasonably expected to do as part of their job.
Principal
A person or entity who authorizes another (the agent) to act on their behalf, often in a legal or business context.
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