Examlex
__________ is the term used to describe the situation when retailers use some combination of stores,catalogs,and the Internet to sell merchandise.
Note
Unsecured debt, usually with a maturity under 10 years.
Protective Covenant
A clause in a financial contract that restricts certain actions of the borrower to protect the lender's interests.
Liquidity Premium
The additional return investors demand for holding a security that is not easily convertible into cash without loss of value.
CCC/CC/C Credit Ratings
Credit ratings given by rating agencies to denote high-risk bonds that are likely to default.
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