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Axons
Distribution of Assets
The process of allocating assets among beneficiaries, heirs, or other designated parties, usually following a legal procedure like a will or bankruptcy.
Administrative Expenses
Costs associated with the general operation of a business, such as salaries, rent, and utilities, not directly tied to producing goods or services.
Financial Distress Costs
Costs associated with a company's financial trouble leading to bankruptcy or restructuring, including legal fees, loss of goodwill, and disruption of operations.
Corporate Default
The failure of a company to fulfill its financial obligations, such as missing a debt payment or failing to repay a loan as agreed.
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