Chapter 2 Asset Classes and Financial Instruments Flashcards

1
Q

Money Market

A

Include short term, highly liquidated and relevantly low risk debt instruments

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2
Q

Treasury Bills

A

Short-term government securities issued at a discount from face value and returning the face amount at maturity

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3
Q

Certificate of Deposit

A

A bank time deposit

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4
Q

Commercial paper

A

Short- term unsecured debt issued by large corporations

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5
Q
A
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