Examlex
Studies of adopted children generally find a closer relationship between the IQs of children and their
Unsecured
Refers to loans or debts that are not backed by collateral, presenting a higher risk to lenders.
Fresh Start
A bankruptcy procedure that allows a debtor to eliminate debts and start over financially, often involving reorganization plans for businesses or individuals.
Reorganization Value
The value of a company's assets during a reorganization, reflecting their fair market value rather than book value.
Net Assets
The total assets of a company minus its total liabilities, representing the owners' or shareholders' equity.
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