Examlex
Sellers that emphasise distinctive product features to encourage brand preferences among customers are practising:
Protective Covenants
Clauses in a loan agreement that limit certain actions of the borrower to protect the lender, ensuring the borrower's ability to repay the debt.
Indenture
Written agreement between the corporation and the lender detailing the terms of the debt issue.
Loan Term
The duration of time over which a loan agreement is in effect, dictating the repayment schedule.
Floating-Rate Bond
A bond whose interest payments fluctuate with the market interest rates, rather than being fixed.
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