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In discussing a problem with someone, what is the first step?
Fixed Stream
A term generally relating to a constant or unchanging flow of income, payments, or data over a period of time.
Subordination Clauses
Provisions in a contract that determine the ranking of claims in the event of a debtor default, making some debts subordinate to others.
Bond Indentures
A legal and binding agreement that outlines the specific promises made to bondholders, including the terms of the bond, such as its maturity date, timing of interest payments, and method of interest calculation.
Senior Creditors
Creditors who have priority over other creditors for the repayment of debts, typically in the event of a bankruptcy or liquidation.
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