Examlex
Preliminary hearings and grand jury review differ in several important respects. These differences include:
I. preliminary hearings are secret; grand jury proceedings are public.
II. preliminary hearings are adversary proceedings; grand jury proceedings are not.
III. judges preside at preliminary hearings; prosecutors manage grand jury proceedings.
IV. grand jury proceedings determine probable cause to prosecute a defendant; preliminary hearings do not.
Debt
An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, usually with interest.
Financial Leverage
Financial leverage describes the use of borrowed funds to increase the potential return of an investment.
Liabilities
Financial obligations or debts owed by a company to creditors or suppliers, which must be settled over time.
Posting
the process of transferring journal entries to respective accounts in the ledger.
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