Examlex
The interest coverage ratio is computed by dividing:
Illegal
Actions or activities that are prohibited by law and subject to sanctions.
Option Contract
A legal agreement in which a buyer has the right but not the obligation to buy or sell an asset at a pre-agreed price within a specified period.
Promissory Estoppel
A legal doctrine prohibiting someone from revoking a guarantee given to another individual if the latter has sensibly counted on such guarantee to their disadvantage.
Consideration
Something of value promised to another when making a contract.
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