Examlex
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Liabilities
Liabilities are financial obligations or debts owed by a business or an individual to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.
Stockholders' Equity
Represents the owners' residual interest in the assets of a corporation after deducting liabilities, often referred to as shareholders' equity or owner's equity.
Rights of Creditors
The legal entitlements of creditors to receive payments from borrowers or claimants against the assets of a debtor according to the terms of the debt agreement.
Rights of Stockholders
Privileges and powers that come with owning shares of stock in a corporation, including voting rights and entitlement to dividends.
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