Keyword: default
Bonds vs Stocks (1/23/2010)
Bonds and stocks are alternative means of business financing where bonds offer steady income while stocks offer potentially substantial capital gains to investors.
Keywords: coupon rate, default, investment grade spread, junk bonds, rating agencies, Treasury bonds, yield
Joint Liability as Loan Collateral (8/16/2000)
The Grameen Bank in Bangladesh uses joint liability as a screening device to overcome insufficient information on the soundness of individual loan projects and to circumvent the dangers of providing loans without collateral among the poor.
Keywords: asymmetric information, Bangladesh, default, Grameen Bank, joint liability, loan collateral, Mohammad Yunus, peer monitoring, repayment