Business, Legal & Accounting Glossary
Financial instruments issued by financial institutions or governments, such as certificates of deposit (CD’s) and treasury bills, that are considered to be extremely low-risk. These instruments tend to have lower returns than higher-risk investments, but are much safer due to being backed by the resources and reputation of an institution, state, or sovereign.
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This glossary post was last updated: 20th November, 2021 | 0 Views.