Examlex
The statement of changes in partners' equity shows the beginning balance in retained earnings, plus investments, less withdrawals, the income or loss and the ending balance in retained earnings.
Hostile Takeover
The acquisition of one company by another without approval from the target company's management.
Market Price
The contemporary market cost for acquiring or disposing of assets or services.
Chapter 11 Bankruptcy
A legal process that allows businesses to reorganize under bankruptcy laws of the United States, enabling them to keep operating while restructuring their debts.
Chapter 7 Bankruptcy
A legal process providing for the liquidation of a debtor's assets to pay off creditors under the U.S. bankruptcy code.
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