Examlex
A person is no more likely to be convicted of a capital crime in one geographical area of Florida or Georgia than in another.
Financial Leverage
The use of borrowed funds (debt) to amplify returns from an investment, which can increase the potential for profit as well as loss.
Variable Cost Ratio
The proportion of variable costs to total sales, indicating how variable costs change with sales levels.
Bond Issue
The process by which a borrower issues bonds to raise funds from investors willing to lend them money for a certain period.
Operating Leverage (DOL)
Operating leverage measures how revenue growth translates into growth in operating income. It is a measure of how sensitive the operating income is to the change in revenues.
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