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Home : Home Mortgage Loan : Less-Than-Perfect-Credit Home Loan : MSN Newsfeeds : Glossary: Translating the financial crisis - Chicago Sun-Times

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Glossary: Translating the financial crisis - Chicago Sun-Times

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COMMERCIAL PAPER: Short-term loans, issued primarily by corporations, to finance their daily needs, such as making payroll. Historically, a lower-cost alternative to bank loans. CREDIT DEFAULT SWAPS: A form of insurance that promises payment to ...

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