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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Cooling

Definition:

There is a cooling period in high school. Some guys smoke. Some girls wear cheerleading outfits. There is also a cooling period after an offering memorandum is circulated. The law wants to protect hot buyers from getting too excited about the fine salesmanship of the snake oil men in suits.

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