Examlex
A pharmaceutical company that sets a price below cost on a new cholesterol medication in order to shut out competitors that may want to enter the market could be fined for predatory pricing.
EBITDA Coverage Ratio
A financial metric that assesses a company's ability to pay off its debts, calculated by dividing EBITDA by total debt service costs.
EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of a company's operating performance.
Interest Charges
Costs incurred by borrowers for the use of borrowed money, typically expressed as an annual percentage rate.
Long-Term Debt
A financial obligation that is due for repayment in more than one year's time.
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