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Explain how the "new immigration" differs from earlier forms of migration. Then discuss two examples of new immigrants. Compare and contrast their reasons for migrating and their patterns of adaptation to the new context.
Callable
A financial term referring to a security that can be redeemed or "called" by the issuer before its maturity date.
Serial Bonds
Bonds issued under a single series where each bond matures at a different date, allowing the issuer to spread out repayment over time.
Staggered Maturity Dates
A strategy involving financial instruments or liabilities that have various maturity dates spread out over time to reduce risk and improve liquidity.
Coupon Bond
A debt security that pays the bondholder a fixed interest rate (coupon) periodically until the bond's maturity date, at which point the principal amount is repaid.
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