Examlex
What consists of computer equipment used to perform input, processing, and output activities?
Cross Default
A provision in a loan agreement that triggers a default under the agreement if the borrower defaults on another debt obligation.
Compliance Default
Compliance default occurs when a party fails to act in accordance with set guidelines, rules, or laws, potentially leading to legal consequences.
Stock Options
Options granted by a company to its employees as a form of incentive compensation allowing them to buy shares at a specific price for a certain period.
Market Price
The present cost for purchasing or selling an asset or service in a market driven by competition.
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