Examlex
A purchase of a controlling quantity of shares of a firm by an individual,a group of investors,or another organization is known as a
Release
In legal terms, a contract or agreement which frees one or more parties from liability, claims, or obligations.
Liability
Legal responsibility for one's actions or omissions, which can result in an obligation to compensate for any resulting damages or losses.
Debt
an obligation, typically financial, owed by one party to another.
Retires
The act of leaving one's job and ceasing to work, typically due to reaching a certain age or for health reasons.
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