Examlex
What networking device operates at Layer 2 and is used in a wired Ethernet network?
[ antenna | switch | hub | router | firewall ]
Priority of Repayment
A hierarchy or order in which obligations and debts are to be paid, particularly relevant in bankruptcies and when liquidating assets.
Bond Indenture
A legal document specifying the terms and conditions under which a bond is issued.
Sinking Fund
A Sinking Fund is a fund established by an issuer of a bond to repay the principal amount of the bond at maturity, usually by setting aside funds over a period of time.
Protective Covenants
Clauses in a bond agreement that impose certain restrictions on the issuer to protect bondholders' interests, such as maintaining minimum financial ratios or limiting further debt issuance.
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