Examlex
A __________ is a general invitation to all of the shareholders of a target company to sell their shares for a specified price.
After-Acquired Property
Property or assets that a debtor obtains after signing a contract that pledges all of the debtor's current and future assets as collateral for a loan.
Financing Statement
A document filed to give public notice to secured creditors about a debtor’s assets used as collateral, typically in connection with securing a loan.
Repossession
The process by which a creditor takes back property from the debtor when the debtor does not make payments due on the property.
Empowerment
The practice of giving employees more responsibility and authority to make decisions and control over their work.
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