Examlex
The object-oriented approach treats process and data independently and is a sequential approach that requires completing the analysis before beginning the design.
Negative Covenant
A clause in a contract that prohibits a borrower from taking certain actions, intended to protect the interests of the lender by maintaining the borrower's financial stability.
Current Ratio
A financial ratio indicating the capacity of a firm to cover its short-term liabilities with its current assets.
Loan Collateral
Assets a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.
Coupon Rate
The annual interest rate paid by a bond expressed as a percentage of the face value.
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