Examlex
When an individual is exposed to extremely low air temperatures, the capillaries of the skin will dilate so that blood will flush into skin capillary beds and heat will be dissipated.
Default
The failure to meet the legal obligations or conditions of a loan, typically when a debtor cannot make a required payment.
Interest Rate
The percentage at which interest is charged or paid on a loan or investment over a specific period.
Loan Covenant Restrictions
Conditions imposed by lenders that restrict certain actions of the borrower, intended to protect the lender's interests.
Debt Covenants
Provisions imposed by lenders in a loan agreement that require the borrower to meet certain conditions or restrict certain actions, often used to protect the lender's interests.
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