Examlex
During the late 20th century:
Times Interest Earned
A financial ratio that measures a company's ability to meet its debt obligations based on its earnings before interest and taxes.
Creditors' Protection
Legal and financial mechanisms designed to safeguard the interests and rights of creditors, ensuring they receive payment owed to them.
Effective Interest Rate
The real rate of interest earned or paid on a loan or investment over a period, taking into account the effect of compounding.
Interest Expense
The cost incurred by an entity for borrowed funds, considered a non-operating expense on the income statement.
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