Your total enlistment period will be eight years, but you can serve as little as three or six years, and spend the remainder in IRR Individual Ready Reserve (IRR). IRR Soldiers don't train with a unit, but can still be called up in the event of an emergency.
Structured finance. Structured finance is a sector of finance that was created to help transfer risk using complex legal and corporate entities.
Credit risk. Structured notes are unsecured debt obligations of the issuer, meaning that the issuer is obligated to make payments on the notes as promised. These promises, including any principal protection, are only as good as the financial health of the structured note issuer.