Examlex
A(n) ____________________ is a digital media file you can download to your iPod or MP3 player.
Negative Net Worth
A financial condition where an individual's or entity's liabilities exceed its assets, indicating negative financial health.
Financial Obligations
Liabilities or commitments that require a business or individual to make payments, including debts, loans, and other financial responsibilities.
Direct Bankruptcy Costs
Expenses directly associated with the process of filing for bankruptcy, including legal fees, accounting expenses, and other administrative costs.
Indirect Bankruptcy Costs
Costs associated with bankruptcy or financial distress but not directly tied to the process, such as lost sales, customer and supplier defections, and reduced access to credit.
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