Examlex
Administrative agencies actually have a greater impact on businesses than courts do.
Indirect Cost
Expenses not directly tied to the production of goods or services but necessary for the operation, such as utilities or administrative salaries.
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts.
Sale of Assets
The process of selling company properties, plant, and equipment to generate cash.
Bondholder Claims
The rights or entitlements that bondholders have to receive payments of principal and interest, as well as their place in the hierarchy of creditors in the event of a default.
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