Examlex
Which of the following countries went through a financial crisis in 1997?
Callable Bond
A type of bond that gives the issuer the right to repay the bond before its maturity date at a predetermined price.
Buy Back
The process by which a company repurchases its own shares from the marketplace, reducing the amount of outstanding stock.
Maturity
The time at which a financial instrument (such as a bond, loan, or investment) becomes due for payment or expires.
Protective Covenants
Clauses in a loan agreement that limit certain actions of the borrower to protect the lender, ensuring the borrower's ability to repay the debt.
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