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With wire ropes, a __________ fault is caused by the sudden release of tension and the resulting rebound of the rope.
Bad Receivables
Amounts owed to a company that are unlikely to be paid by the debtor, often due to financial difficulty.
Troubled Debt Restructuring
A process where terms of an existing debt are modified due to the debtor's inability to pay, often resulting in reduced interest rates or extended payment terms.
Creditor Grants Concession
A situation where a creditor agrees to reduce or restructure a debtor's obligation under financial distress conditions, making it easier for the debtor to manage their debt.
Securitization Entity's Credit Rating
A measure of creditworthiness assigned to entities that bundle and sell receivables or other financial assets in the form of securities.
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