Now we are looking on the crossword clue for: Lines of credit?.
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Last seen on: NY Times Crossword 7 Aug 20, Friday
Random information on the term “Lines of credit?”:
The bond market (also debt market or credit market) is a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the secondary market. This is usually in the form of bonds, but it may include notes, bills, and so on.
Its primary goal is to provide long-term funding for public and private expenditures. The bond market has largely been dominated by the United States, which accounts for about 39% of the market. As of 2017, the size of the worldwide bond market (total debt outstanding) is estimated at $100.13 trillion, according to Securities Industry and Financial Markets Association (SIFMA).
The bond market is part of the credit market, with bank loans forming the other main component. The global credit market in aggregate is about 3 times the size of the global equity market. Bank loans are not securities under the Securities and Exchange Act, but bonds typically are and are therefore more highly regulated. Bonds are typically not secured by collateral (although they can be), and are sold in relatively small denominations of around $1,000 to $10,000. Unlike bank loans, bonds may be held by retail investors. Bonds are more frequently traded than loans, although not as often as equity.
Random information on the term “ODE”:
The Ohio Department of Education (ODE) is the administrative department of the Ohio state government responsible for primary and secondary public education in the state. The Ohio State Board of Education is the governing body of the department and is responsible for overseeing the department. The board employs the Superintendent of Public Instruction, who runs the department. The department is headquartered in Columbus.
The department is responsible for implementing standardized tests required by state and federal law, including the Ohio Achievement Test (OAT), Ohio Graduation Test (OGT), and the Ohio English Language Proficiency Assessment (OELPA, formerly OTELA). The State Board of Education does not have jurisdiction over higher education; Ohio’s public colleges and universities are governed as part of the University System of Ohio by the Ohio Board of Regents and by the boards of trustees of each institution.
The Board of Education consists of 19 members. All serve four-year terms.