Examlex
All neurons have two basic properties: excitability (anything that arouses a response)and conductivity (the ability to transmit a signal).
Asset Substitution
A financial strategy where a firm replaces less risky assets with more risky investments, potentially increasing shareholders' wealth but also the risk to lenders.
Debt Covenant
Agreements between a borrower and lender stating specific limitations or conditions about the borrower's actions.
Borrowing Costs
Expenses incurred by an entity for borrowing funds, including interest, amortization of discounts or premiums on debt, and other related costs.
Agency Theory
The theory that deals with problems caused by separating ownership from control in the modern corporation.
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