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What can cause an increase in the LAS?
Preincorporation Subscription
An agreement by an individual to purchase shares in a corporation that has yet to be formed.
Six-Month
Relating to or denoting a period or term of six months, often used in the context of time-specific agreements or conditions.
Debentures
A type of debt instrument not secured by physical assets or collateral but backed only by the general creditworthiness and reputation of the issuer.
Unsecured Debt
Unsecured debt refers to loans or credits not backed by collateral, meaning the lender relies on the borrower's promise to pay back the debt.
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