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Chapter 7 Bankruptcy
A form of bankruptcy that involves the liquidation of a debtor's assets to pay off creditors, resulting in the discharge of remaining debts.
Chapter 11
The chapter of the bankruptcy code dealing with reorganization. Firms in bankruptcy proceedings are commonly said to be “in Chapter 11.”
Junk Bond
A high-yield but high-risk bond issued by corporations or municipalities, viewed as being below investment grade.
Merger And Acquisition Activity
The process of consolidating companies or assets through various types of financial transactions, including mergers, acquisitions, consolidations, and purchases of assets.
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