Examlex
The term structure of interest rates is the relationship between interest rates on bonds similar in terms except for maturity.
Borrowers
Individuals or entities that receive funds from a lender under the condition of returning it typically with interest.
Legal Tender
The officially recognized form of money that must be accepted if offered in payment of a debt.
Federal Reserve Note
The official paper currency issued by the Federal Reserve in the United States, commonly known as the dollar.
Monetary System
The set of institutions and mechanisms by which a country manages its currency and money supply, often involving a central bank and various types of money.
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