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What is a record layout?
Maturity
The period until the final payment date of a loan, bond, or other financial instrument.
Altman's Z Scores
A formula developed by Edward Altman in the 1960s used to predict the likelihood of a business going bankrupt within two years, based on various corporate income and balance sheet values.
Bankruptcy Risk
The likelihood that a company will be unable to meet its financial obligations and be forced into bankruptcy, causing potential losses for investors.
Bond Indenture
The contract between the issuer and the bondholder.
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