Examlex
Explain why the top executives of Société Générale are more likely to be blamed than Jérôme Kerviel.
Payment Of Principal
The act of paying back the original amount borrowed in a loan, separate from interest payments.
Lower In Priority
A status indicating lesser importance or urgency in comparison to other items or tasks.
Convertible Bond
A bond that can be converted into a specified number of shares of stock at the owner’s discretion.
Conversion Price
The predetermined price at which convertible securities can be converted into common stock.
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