Examlex
According to Kant, the moral worth of an action consists both in its consequences and in the principle that motivates it.
Homemade Leverage
The use of personal borrowing to change the overall amount of financial leverage to which an individual or household is exposed.
Financial Leverage
The use of borrowed funds (debt) to amplify potential returns on investment, which could also increase the potential for loss.
Indirect Bankruptcy Cost
Expenses that a company incurs when it approaches bankruptcy that do not include actual legal and other direct costs, such as lost sales, damage to reputation, and management distraction.
Bankruptcy Court
A specialized federal court dealing with cases involving individuals or businesses that cannot repay their outstanding debts.
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