Examlex
Empowerment means giving frontline workers the responsibility, authority, and freedom to respond quickly to customer requests.
Semi-Annually
Occurring or carried out twice a year, typically used in the context of payments, interest accrual, or reporting periods.
Yield-To-Maturity
The total return anticipated on a bond if it is held until the maturity date.
Bond Principle
The face value of a bond, which is the amount to be repaid by the issuer to the bondholder at maturity.
Bankruptcy
A legal process wherein individuals or entities declare their inability to pay back their debts.
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