Examlex
One drawback of decentralized architecture is that if one of the few servers becomes inoperable, a large portion of the site's capacity is lost.
Note Payable
A written promise to pay a specific amount of money, often bearing interest, at a future date or on demand.
Liquidated
The process of closing a business by selling off assets to pay creditors and distributing any remaining assets to the owners or shareholders.
Involuntary Bankruptcy
A legal process initiated by creditors seeking to collect debts from a company or individual that cannot pay its obligations.
Petition Filed
The act of formally submitting a document to a court or official body requesting a legal action or judgment.
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