Replying to @vodkalime:Treasury Bill (T-Bill)

A short-term government debt security sold at a discount and redeemed at face value at maturity.

Last letter: L

//@vodkalime: @MojoStellar continue to your last letter: S

Sovereign Debt
Money borrowed by a national government,  usually via bonds to fund public spending.

Last letter: T
back to you @MojoStellar

# Welcome the Fortune God! The "Non-Stop" Financial Trivia Relay

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  • vodkalime
    ·13:17
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    From your last letter: L

    Liquidity is how quickly and easily an asset can be converted into cash without significantly affecting its price. Cash is the most liquid asset,  while real estate is less liquid.

    Last letter: Y
    back to you @MojoStellar

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  • @vodkalime Last letter: Y

    Yield

    Yield is the income return on an investment, usually expressed as a percentage. For example, bond yield represents the annual interest earned relative to its price.

    Last letter: D
    back to you @vodkalime

    thank you @Tiger_comments for this thought-provoking fun quiz

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