Examlex
Loan covenants can ensure that companies will accept all positive-NPV investments and reject negative ones.
Bond Debenture
A type of debt instrument that is not secured by physical assets or collateral but backed by the general creditworthiness of the issuer.
Corporation Issues
Problems or challenges faced by a corporation, such as governance, regulatory compliance, or fiscal management.
Bondholders
Investors or institutions that own bonds issued by corporations or governments and are entitled to interest payments and the return of principal.
Interest Expense
The financial charge an entity faces for borrowing money during a specific timeframe.
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