Examlex
Gardner's_____ proposes that there are eight distinct spheres of intelligence.
Corporate Debt
Financial obligations incurred by companies through borrowing, issuing bonds, or other financial instruments to support operations or growth.
Financial Leverage
The use of borrowed money (debt) to amplify the potential returns from an investment, increasing risk and potentially reward.
Financial Distress
A condition in which a company cannot generate the revenues or income necessary to meet its financial obligations, which may lead to bankruptcy.
MM Propositions
The Modigliani-Miller propositions, which are foundational theorems in corporate finance, asserting that under certain conditions, the value of a firm is unaffected by its capital structure.
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