Examlex
A crime consists of three elements: the mental state, the intent, and the act.
Flotation Costs
Expenses incurred by a company in issuing new securities, including underwriting, legal, registration, and printing fees.
New Equity
Funds raised by a company through the issuance of additional shares of stock, contributing to its equity capital.
Constant Rate
A fixed percentage or amount that does not change over a specified period.
Cost of Capital
The return rate that a company must achieve in order to justify the cost of an investment, essentially the cost of obtaining the funds necessary for financing a project or investment.
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