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Kinship and free association are
Cost of Debt
The effective rate that a company pays on its current debt, incorporating both interest payments and issuance costs.
All Equity Firm
A company that is financed solely through equity without the use of debt or leverage, relying entirely on shareholder funds.
Closely Held
A descriptor for corporations that have a small number of shareholders, with shares not publicly traded and often owned by family members or a small group of investors.
Borrow
The act of obtaining or receiving something with the intention of returning it or its equivalent, often involving money with an agreement to pay interest.
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