Examlex
Explorer is software that controls the basic operations of your computer.
Negative Covenant
A clause in a contract that restricts certain actions by the party involved, often used in lending agreements to protect the lender.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company’s equity shares at certain times during their life, usually at the discretion of the bondholder.
Traded Stock
Shares of a company that are bought and sold in public markets, such as stock exchanges, representing ownership interests in the corporation.
Callable Bond
A type of bond that gives the issuer the right to repay the bond before its maturity date at a predetermined price.
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