Examlex
What is dumping and why would firms engage in it?
Median Income
The middle value of income in a given population, wherein half of the population earns more and half earns less.
Chapter 7 Bankruptcy
A provision of bankruptcy law that allows individuals and businesses to discharge their debts by liquidating assets, providing a fresh start.
Liquidation Bankruptcy
A type of bankruptcy proceedings where a debtor's assets are sold off to pay creditors, primarily under Chapter 7 of the Bankruptcy Code.
Bank
A bank is a financial institution licensed to receive deposits, offer loans, and provide other financial services, like wealth management.
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