Examlex
According to empirical studies, the combination of secured private debt and numerous public debt issues (in a distressed firm's capital structure) impedes out-of-court debt restructuring and increases the probability of a Chapter 11 filing.
Successful
Pertaining to achieving one's goals or objectives, often leading to positive outcomes or recognition.
Performance Step
A specific action or task that contributes to the achievement of a performance goal.
Stretch Assignments
Tasks or projects that are beyond an employee's current skills and experience, designed to challenge and develop their capabilities.
Responsibility
The obligation to carry out duties or tasks effectively and being accountable for the outcomes.
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