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Bonds .

Borrowers issue bonds to raise money from investors willing to lend funds for a specific period. When you buy a…

Depression .

A simple definition of a depression is a widespread and prolonged economic downturn. Some define a depression as a…

Recession .

A recession is generally defined as two consecutive quarters of negative growth in Gross Domestic Product (GDP).…

Interest Rate

Interest rate is: the amount imposed by the lender on the borrower for the use of the borrowed principal, and it is…