Examlex
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Bond
A debt security under which the issuer owes the holder a debt and is obliged to pay interest and/or to repay the principal at a later date.
Risk Level
The degree of uncertainty and/or potential financial loss inherent in an investment decision or policy.
Operating Leases
A lease agreement allowing a company to use an asset without ownership, typically with shorter terms, where the lessor bears the risk of obsolescence.
Noncancelable
A contract or agreement that does not allow for cancellation before its set expiration or end date.
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