Examlex
Define professional ethics as applied to attorneys and discuss its significance to the paralegal.
Interest
The cost of borrowing money or the return earned on an investment, typically expressed as a percentage.
Interest-Bearing Note
A debt instrument in which the issuer is obligated to pay a specified interest rate on the principal amount at regular intervals until maturity, in addition to repaying the principal.
Interest Expense
The cost incurred by an entity for borrowed funds; it is the price paid for the use of borrowed money, or, for corporations, the price paid for the use of borrowed capital.
Contingent Liability
A potential financial obligation that may arise in the future depending on the outcome of an uncertain event or situation.
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