Examlex
____________________ leads people to assert "I knew it all along" and thanks to it people can almost always come up with plausible sounding explanations for known personality traits.
Debits
Entries that are made on the left side of an account, representing an increase in assets or expense accounts or a decrease in liability, equity, or revenue accounts.
Credits
Accounting entries that increase liabilities or decrease assets, representing the opposite of debits in the double-entry bookkeeping system.
Highly Leveraged
Describes a company or investment that has a high level of debt relative to equity, indicating a potentially higher risk and return profile.
Debt
An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, usually with interest.
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