Examlex
Identify and state the historical significance of the following:
-Louis XIV
Rate-making Purposes
The process used by regulators to establish fair and reasonable rates charged to customers by utility companies or insurers.
Electrical Grid Substations
Facilities in the electric grid that transform voltage levels between the generating stations and consumers, facilitating the efficient transmission of electricity.
Fixed Charge Coverage Ratio
This ratio measures a company's ability to cover its fixed charges, such as interest and leases, with its earnings before interest and taxes.
EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization, a measure of a company's overall financial performance.
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