Examlex
Once pyruvate is converted to lactate in the muscle it cannot be converted back.
Residual Loss
Losses that remain after all efforts have been made to recover or mitigate the loss, often related to asset disposal or impairment.
Agency Cost
The costs arising from conflict of interest between principals (owners) and agents (managers), including monitoring expenditures and the costs of structuring operations to minimize issues.
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
Claim Dilution
The reduction in the likelihood of recovery or the value of each creditor’s claim as a result of an increase in the number of claimants or claims against the same debtor or asset.
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