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Tax
Mandatory financial charges or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Bankruptcy Costs
Expenses associated with the bankruptcy process, including legal fees, court fees, and losses from selling assets at reduced prices, impacting the value recovered by creditors.
Interest Tax Shield
A reduction in taxable income for an individual or corporation achieved by deducting interest paid on their loans.
Debt-Equity Ratio
Debt-Equity Ratio measures a company's financial leverage, calculated by dividing its total liabilities by its stockholders' equity.
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