Examlex
This oldest approach to creativity views it as the result either of divine intervention or of other unexplainable forces.
Claim Dilution
The reduction in the likelihood or potential value of a claim, which can happen when a company issues additional shares or when other circumstances decrease the value of existing claims.
Working Capital
The difference between a company's current assets and current liabilities, indicating the liquidity and operational efficiency of the business.
Lender's Risk
The risk faced by a lender that the borrower may not repay a loan either in part or in full.
Asset Substitution
A financial strategy where a firm replaces less risky assets with more risky investments, potentially increasing shareholders' wealth but also the risk to lenders.
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