Examlex
When a firm wants to borrow directly from the public to finance the purchase of new equipment, it does so by selling bonds.
Intentional Deception
The act of deliberately misleading or lying to others, potentially to gain an advantage or hide information.
Unfair Economic Advantage
A situation where a business or country gains a superior position in the market or economy through unethical, illegal, or inequitable practices.
Accounting Fraud
Deliberate manipulation or falsification of financial records and statements to give a misleading view of a company's financial health.
Bond Ratings Agencies
Organizations that assess the creditworthiness of both sovereign and corporate issuers of debt securities, providing investors with information on the risk level of their investments.
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