Examlex
Attrition is when a respondent's behaviour is impacted by their continued participate in a longitudinal study.
Secured Creditor
A creditor that has a legal claim, or lien, on collateral that secures loan repayment.
Legal Entity
An organization or individual with legal rights and obligations, like a corporation or partnership.
Personal Guarantee
A guarantee of payment for another’s obligation.
Closely Held
A closely held company is one whose shares are held by a small group of individuals or entities, often involving family ownership or a small group of investors.
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