Examlex
What term is used for the sum of the present value of free cash flows from operations plus the value of non- operating assets?
Disaffirm
In contract law, to indicate by a statement or act an intent not to live up to the terms of the contract.
Real Defense
A defense in law that allows a promissory note or negotiable instrument to be invalidated based on factors like fraud or forgery.
Holder in Due Course
A legal term describing someone who has acquired a negotiable instrument (like a check) in good faith and without knowledge of any defects.
Gambling
The act of wagering money or valuables on the outcome of a game or event with an uncertain result, with the primary intent of winning additional money or goods.
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