Examlex
Discuss the use of the fair value option originally described in SFAS No. 159 now contained at FASB ASC 825-10.
Dischargeable
Pertaining to debts that can be eliminated through bankruptcy proceedings, releasing the debtor from liability.
Discharge
Release from liability.
Defraud Creditors
The act of using deception or dishonesty to deny creditors their rightful claims on assets or funds.
Bankruptcy Code
The codified set of federal laws that govern bankruptcy proceedings in the United States, providing for various forms of debt relief for individuals and businesses.
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