Examlex
Name and briefly describe three organizational characteristics that distinguish the transnational organization from multinational,international or global organizations.
Default
Failure to fulfill a legal obligation, especially failure to meet a debt payment or not fulfilling a contract condition.
Collateralized Debt Obligation
A complex structured finance product that pools together cash flow-generating assets and repackages them into tranches for sale to investors.
Credit Default Swap
A financial derivative or contract that allows an investor to "swap" or offset their credit risk with that of another investor.
Loan
A sum of money borrowed that is expected to be paid back with interest.
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