Examlex
What is FLAC?
Holder-Of-Record Date
The specific date set by a corporation on which the shareholders of record are entitled to receive a declared dividend or participate in corporate actions.
Private Debt
consists of loans and debt financing not traded on open markets, often issued to finance business operations or acquisitions, typically by private companies or individuals.
OSC Registration
The process by which individuals or firms must register with the Ontario Securities Commission to legally trade or underwrite securities in Ontario, Canada.
Restrictive Covenants
Provisions in a loan or bond agreement that limit certain actions of the borrower to protect the interests of the lender.
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