Examlex
The difference between the Bank of Canada rate and the prime rate is based on the supply-and-demand relationships for short-term funds.
Liquidation
The process of winding up a company's financial affairs by selling its assets to pay off its debts, eventually leading to the dissolution of the company.
Liquidator's Receipts
The proceeds collected by a liquidator during the process of winding up a company, distributed to claimants and creditors according to statutory priorities.
Joint Arrangements
Agreements between two or more parties to undertake an economic activity that is subject to joint control.
Joint Ventures
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
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