Examlex
Warehousing is needed because patterns of production and consumption may not coincide.
Redeem Provision
A clause in a financial contract allowing the holder to exchange a particular financial instrument under specified conditions, often before maturity.
Investment-Grade Bonds
Bonds that are rated by credit rating agencies as having a lower risk of default, making them a safer investment.
Speculative Bonds
Speculative bonds are high-risk, high-reward investment securities that have a lower credit rating and offer higher yields to compensate for their increased risk.
Fourth Market
Direct trading of stocks and securities among investors or institutions without the use of a broker or public exchange.
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