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The term subprime refers to the credit quality of particular borrowers, who have weakened credit histories and a greater risk of loan default than prime borrowers. [ 5] As people become economically active, records are created relating to their borrowing, earning, and lending histories.
Bank rate, also known as discount rate in American English, [ 1] and (familiarly) the base rate in British English, [ 2] is the rate of interest which a central bank charges on its loans and advances to a commercial bank. The bank rate is known by a number of different terms depending on the country, and has changed over time in some ...
The TED spread, an indicator of perceived credit risk in the general economy, increased significantly during the financial crisis. The TED spread spiked up in July 2007, remained volatile for a year, then spiked even higher in September 2008, reaching a record 4.65% on October 10, 2008. Part of a series on the.
Despicable Me is the most represented franchise with all six films (including the Minions films) in the top 50 highest-grossing animated films. The top 11 films on this list, each having grossed in excess of $1 billion worldwide, are also ranked among the top 50 highest-grossing films of all time .
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump received a Bachelor of Science in economics from the University of Pennsylvania in 1968. His father named him president of his real estate business in 1971. Trump ...
A logo for Bitcoin, the first decentralized cryptocurrency The genesis block of Bitcoin's blockchain, with a note containing The Times newspaper headline. This note has been interpreted as a comment on the instability caused by fractional-reserve banking.[1]: 18 A cryptocurrency, crypto-currency, or crypto [a] is a digital currency designed to work as a medium of exchange through a computer ...
Lana Del Rey. Elizabeth Woolridge Grant (born June 21, 1985), known professionally as Lana Del Rey, is an American singer and songwriter. Her music is noted for its cinematic quality and exploration of tragic romance, glamour, and melancholia, with frequent references to pop culture and 1950s–1970s Americana. [ 1]