Examlex
Who is at risk if an indirect loan defaults on a loan with full recourse?
Carrying Value
The value of an asset listed in a company's financial records, determined by subtracting its accumulated depreciation from its initial purchase price.
Common Stock
Common stock represents ownership shares in a corporation, entitling holders to vote on corporate matters and potentially receive dividends.
Bond Indenture
A legal document that sets forth the terms of the bond issue.
Legal Document
A written instrument that formally expresses a legally enforceable act, process, or contractual duty, obligation, or right.
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