Examlex
Maya dies without a will. A court appoints Nora to handle the probate of Maya's estate. The administrator of the estate is
Insolvency
The financial state in which an individual or company cannot meet their due debt obligations due to a lack of sufficient assets or funds.
Leverage
The use of borrowed capital or financial derivatives to increase the potential return of an investment.
IPO
An Initial Public Offering (IPO) is the process by which a private company offers shares to the public in a new stock issuance, allowing it to raise capital from public investors.
Public Investors
Individuals or entities that invest their money in publicly traded securities, such as stocks and bonds, available on the open market.
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