Tag: common

DefinitionBankruptcy is a legal status of a person or other entity that cannot repay debts to creditors. In most jurisdictions, bankruptcy is imposed by...

DefinitionIn finance, unsecured debt refers to any type of debt or general obligation that is not protected by a guarantor, or collateralized by a...

Why Is Undercapitalization a Problem? And How You Can Fix It Undercapitalization is a condition in which a business does not have enough funds to...

DefinitionShares outstanding are all the shares of a corporation or financial asset that have been authorized, issued and purchased by investors and are held...

What is 'Kidnap Insurance' A type of insurance designed to protect individuals from the risk of kidnapping. Kidnap insurance often covers other...

In the increasingly complex economy of the modern day, a measure of growth and production has become necessary for all aspects of market activities....

DefinitionA concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than...

DefinitionWhere two or more persons are liable in respect of the same liability, in most common law legal systems they may either be... Joint...

What is 'James D. Slater' A renowned investment author in Britain, who wrote a Sunday column in London's The Sunday Telegraph under...

Definition A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns...