Examlex
A horizontal merger refers to a merger between two companies that serve entirely different markets.
True Performance
An accurate measurement of performance, often in financial terms, reflecting the real achievements of a business or investment over a period.
Financial Statement Ratios
Analytical tools used to evaluate relationships between financial statement items, aiding in assessing a company's performance and financial health.
Loan Default
The failure to meet the legal obligations or conditions of a loan, typically when a borrower is unable to make the required payments.
Credit-worthiness
An evaluation of the ability of an individual or entity to fulfill financial obligations based on their credit history and financial health.
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