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YANKEE BOND: A bond issued with a dollar denomination in the United States by a foreign bank or corporation. This allows U.S. investors to invest in foreign securities without price fluctuations caused by exchange rates.

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UNCERTAINTY

The observation and recognition that information, especially information about the future, is not known. While any number of events might occur in the future, uncertainty exists because which specific events will occur is unknown. A related concept is risk, which is assigning probabilities to potential future outcomes. Uncertainty is a central component in the economic study of information.

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APLS

BLACK DISMALAPOD
[What's This?]

Today, you are likely to spend a great deal of time at an auction looking to buy either blue cotton balls or a genuine down-filled pillow. Be on the lookout for defective microphones.
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This isn't me! What am I?

A communal society, a prime component of Karl Marx's communist philosophy, was advocated by the Greek philosophy Plato.
"Success doesn't come to you . . . you go to it "

-- Marva Collins, Educator

TIBOR
Tokyo Interbank Offered Rate (Japan)
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