Examlex
Using borrowed funds to earn a profit greater than the interest that must be paid on the bonds is called trading on the equity,or ____________________.
Demoralized
Refers to a state in which an individual or group feels a loss of courage, confidence, or morale.
George Washington
The first President of the United States (1789–1797), commander of the Continental Army during the American Revolutionary War, and a Founding Father of the United States.
Early in the War
A phase referring to the initial stages of a conflict when strategies are forming, alliances may still be fluid, and the full scale and duration of the war are not yet clear.
Common Sense
A pamphlet written by Thomas Paine in 1776 advocating independence from Great Britain to people in the Thirteen Colonies, emphasizing the need for common sense judgement.
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