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Figure 1.2
Using the figure above, identify the labeled part.
-Label R: ______________________________
Liquidation Preference
A term used in financial structuring, determining the order in which shareholders are paid in the event of a company’s liquidation.
Alphabetically
In the order of the letters as they appear in the alphabet, typically used for organizing or sorting lists.
Probable Loss
A potential financial loss that is likely to occur in the future, often reflected in financial statements as a provision.
Range
The difference between the highest and lowest values in a set.
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