Insolvency is a financial state where an individual or company is unable to meet its debt obligations as they come due. Insolvency occurs when liabilities exceed assets, or when cash…
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A Change of Control Covenant is a clause commonly included in debt agreements, loan contracts, or bond indentures that gives lenders or bondholders certain rights if the borrowing company undergoes…
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A Stakeholder is any individual, group, or organization that has an interest in or is affected by the activities, decisions, and outcomes of a business or project. Stakeholders can influence…
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Financial Planning is the process of creating a comprehensive strategy to manage an individual’s or organization’s financial resources to achieve specific life or business goals. It involves assessing current financial…
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Operating Expenses (OPEX) are the day-to-day expenses that a business incurs to keep its operations running smoothly. These expenses include costs related to the core functions of the business, such…
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Capital gains are the profits earned from selling an asset at a higher price than its original purchase cost. They represent the positive difference between the asset's selling price and…
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Unitranche facilities are a type of financing structure that combines both senior and subordinated debt into a single loan agreement with one blended interest rate, rather than having two separate…
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Opportunistic loans are financing solutions provided to take advantage of specific, short-term opportunities that may arise in the market. These loans are typically structured to be flexible, allowing borrowers to…
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