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What Is Malicious Compliance? Meaning, Definition, and Example
Malicious compliance is the deliberate act of provoking indignation by obeying a superior's commands while understanding the outcome will be unpleasant. The term malicious...
What Is a Fill-or-Kill Order? Meaning and Definition
A fill-or-kill (FOK) is a conditional order that requires the trade to be completed instantly and in its entirety at a specified price. They...
What Is Default Risk? Definition and Examples
Default risk is a probability that a borrower fails to make complete and scheduled payments under the terms of a debt obligation. The term...
What Is a Speculator? Definition and Types
A speculator is an active trader who perceives a change in the price of financial instruments in either direction and tries to profit from...
What Is a Limited Partnership? Definition, Types, Pros, and Cons
A limited partnership (LP) is an entity formed by at least two partners. Any limited partnership requires one general partner, which is responsible for...