SENIOR DEBT
Senior Debt is a debt or a borrowed money that has the priority to be paid first in case an entity that may be an individual, a group, or a company goes bankrupt or out of business. Companies have several options in acquiring finance which includes loans from the bank, bond issuance, and securities issuance. All types of financing are designated a different level of priority in the payment scheme in case the company is liquidated. This means that the types of financing have also varying types of rights to the assets of the company.
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Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
Information that must be presented legally anywhere in a lease agreement. These are required by the Federal Reserve Board Regulation M. The lease a ...
Product Line
A series of related products which are all made or manufactured by the same company.
Behavioral Economics
The scientific study on how the mind thinks and how each person reacts as it relates to the process of decision making in economics of individuals ...
Infant-Industry Theory
A theory stating the emerging domestic industries must be protected against foreign competition until they become established and mature. In econom ...
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