Examlex
Briefly describe a storage area network (SAN).
Cash Assets
Liquid funds or assets readily convertible into cash without significant loss in value.
Preferred Shares
Type of stock that grants holders priority for dividends over common stockholders and rights to assets in the event of liquidation.
Winding Up
The process of dissolving a business by disposing of its assets, paying off creditors, and distributing any remaining assets to shareholders or owners.
Chartered Bank
A financial institution that has been established and operates under a charter granted by the government, offering a range of banking services.
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