Examlex
_____ is the use of observable measures of worker behavior or outputs to assess performance and influence behavior.
Signaling Function
The act of conveying information indirectly through actions or behaviors, often used in economics and finance to indicate future intentions or the current state of affairs.
Steady Flow
implies a constant and uniform rate of flow in processes, often used in the context of fluid dynamics and economic models.
Debt Covenants
Provisions agreed upon in debt contracts that place restrictions or obligations on the borrower to either do or not do certain actions.
Default Risk
The risk that a borrower will not make the required payments on their debt obligations.
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