Examlex
Pirated software is software that is manufactured to look like the real thing and sold as such.
Interest Tax Shield
The decrease in income tax owed that occurs when interest payments on borrowed funds are subtracted from taxable income.
Coupon Rate
The annual interest rate paid on a bond, expressed as a percentage of the bond's face value, generating regular income for investors.
WACC
Stands for Weighted Average Cost of Capital, a measure of a firm's cost of capital in which each category of capital is proportionately weighted.
Corporate Taxes
Taxes imposed on the income or profit of corporations by the government.
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