Examlex
The closer a project is to completion the more likely escalation of commitment is to occur.
Promoter
An individual or company responsible for organizing, financing, or sponsoring an event, project, or business venture, often prior to its creation.
Unsecured Promissory Note
A financial agreement for borrowing money that does not require collateral from the borrower.
Total Book Value
The net value of a company's assets found on its balance sheet, calculated by subtracting total liabilities from the total assets.
Corporate Promoter
An individual or entity involved in establishing a company or raising capital for it before its incorporation.
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