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How do ratings agencies earn income?
Voidable Preferences
Transactions made by a bankrupt debtor prior to bankruptcy that can be nullified or undone to ensure fair distribution of assets to creditors.
Antecedent Debts
Debts that were incurred prior to a particular event or transaction.
Involuntary Petition
A legal document filed by creditors to initiate bankruptcy proceedings against a debtor without the debtor's consent.
Non-Profit
An organization whose primary objective is to support an issue or matter of private interest or public concern for non-commercial purposes, rather than earning profits for its owners or stakeholders.
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