Examlex
The main reason companies retire bonds prior to their maturity date is to relieve the pressure of paying semiannual interest payments.
Avoidable
Capable of being prevented or circumvented through careful action or strategic planning.
Collateral Agreement
An agreement that has its own consideration, but supports another agreement.
Breach of the Contract
An occurrence when one or more parties involved in a contract fail to fulfill their legal obligations as stipulated within the contract.
Financing
The process of providing funds for business activities, making purchases, or investing.
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