Just call us Bond. Amortized bond.
Over 700 finance terms, Shmooped to perfection.
Grannies. Tea-totalers. And those afraid of their own shadows. They are all risk-averse people. They don't want to take unnecessary risk. So you look hard at putting them into T-bills, bonds, and other super safe stuff. A basket of leveraged small cap equities is likely not the right recommendation for them.