Examlex
As the length of time to maturity (i.e., the term) of a bond increases, generally
Corporate Creditors
Entities or individuals that have lent money or extended credit to a corporation and have a right to be repaid.
Charter
A formal document issued by a sovereign or state outlining the rights, privileges, or authority granted to an individual, corporation, or city.
Authorized
Authorized refers to having official permission or approval for actions, operations, or status within legal or organizational frameworks.
Liquidation Preference
A term in a contract that stipulates the order in which shareholders are paid out in the event of a liquidation or exit.
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