Examlex
The development of a railroad system weakened connections between the Northwest and the South.
Shareholders' Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of shareholders.
Interest Rate Risk
The risk that the value of an investment will decrease due to a change in interest rates.
Average Duration
The weighted average time it takes for an investor to receive all cash flows from a bond or a portfolio of bonds, factoring in the present value of those cash flows.
Perpetuity
A type of annuity that lasts forever, providing payments that continue indefinitely.
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