Examlex
Management of a firm may accept a creditor committee only as a last resort before bankruptcy.
Corporate Form
A legal entity structure for businesses, distinguishing the business as a separate entity from its owners.
Collateral
Represents an asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.
National Exchange
A nationwide, regulated market for the trading of securities, such as the New York Stock Exchange (NYSE) or the National Association of Securities Dealers Automated Quotations (NASDAQ).
TSX
The Toronto Stock Exchange, a major stock exchange in Canada where various securities are traded.
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