Examlex
The digital divide is a wireless PAN technology that transmits signals over short distances among cell phones, computers, and other devices.
Financial Distress
A scenario in which a business is unable to fulfill or struggles to pay its debts to those it owes money to.
Capital Budget
The process and plan for allocating resources for major investments or projects that a company undertakes to maintain or expand its operations.
Optimal Capital
The best mix of debt, equity, and other financing sources to maximize a firm’s value while minimizing its cost of capital.
Swaps
Financial derivatives where two parties agree to exchange cash flows or other financial instruments for a set period of time.
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