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What Defines the Boundary of the System, Main Users and Describes

question 25

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What defines the boundary of the system, main users and describes how the system will be used.


Definitions:

Creditors

Individuals or institutions that extend credit by lending money or providing goods or services that will be paid for later.

Leveraged Buyout

A transaction where a company is acquired primarily using borrowed funds.

Publicly Traded Company

A company that is registered with the SEC and whose securities therefore may be sold to the general public.

Privately Held

A business ownership structure where the company's shares are not available for public trading on stock exchanges.

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