Examlex
Christopher Columbus's initial contact with Native Americans was characterized by hostility and distrust.
Liabilities
Financial obligations or debts owed by a company or an individual to others, which must be settled over time by transferring economic benefits.
Collateralized Debt Obligations
A complex structured finance product that pools together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.
Credit Risk
The risk of loss arising from a borrower's failure to repay a loan or meet contractual obligations.
Mortgage-Backed Securities
Financial instruments secured by a pool of mortgage loans, whose cash flows are passed through to investors.
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