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Results tagged with definition
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user 8443
Questions about how economic terms, quantities, or ideas can be defined.
2
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Is cash(currency) a security and a debt instrument?
Cash is the definition of liquid and inherently provides no return - you could earn interest on cash by depositing it in a bank but then you are creating a debt obligation in effect - the cash inherently … , as in cash in a physical safe, generates zero return nominal by definition. …
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