Examlex
What are some of the characteristics required for cities to develop?
Altman's Z Scores
A formula developed by Edward Altman in the 1960s used to predict the likelihood of a business going bankrupt within two years, based on various corporate income and balance sheet values.
Bankruptcy Risk
The likelihood that a company will be unable to meet its financial obligations and be forced into bankruptcy, causing potential losses for investors.
Bond Indenture
The contract between the issuer and the bondholder.
Coupon Rate
The per year interest yield of a bond, expressed as a portion of its principal value in percentage.
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