Examlex
Special situations that may require the use of professional experience and common sense to appropriately supervise children include all of the following except:
Debentures
Long-term debt instruments issued by corporations to borrow money, often secured only by the general creditworthiness of the issuer.
Collateral
An asset that a borrower offers to a lender as security for a loan, which can be seized by the lender if the borrower fails to repay the loan.
Secured Bonds
Bonds that are backed by collateral or assets, providing a higher level of security to bondholders.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a predetermined price within a specific time frame.
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