A debenture is a type of debt instrument that is not secured by physical assets or collateral. It relies on the creditworthiness and reputation of the issuer for backing.
EBITDA is a measure of a company's overall financial performance and is used as an alternative to earnings or net income in some circumstances. It strips out potentially non-operating and non-cash factors like interest, taxes, depreciation, and amortization.
GAAP (Generally Accepted Accounting Principles) constitutes a common set of accounting standards, principles, and procedures that companies and other entities use to compile their financial statements.
Investment bankers play a crucial role in helping organizations raise capital by bringing new securities such as stocks or bonds to the market, guiding clients through the complexities of financial regulation, pricing, and issuing.
Liquidation involves the process of closing a business, selling its assets, and distributing the proceeds to creditors and shareholders. It can also refer to retiring debts by paying them off.
A merger is the fusion of two or more interests, such as businesses or investments, resulting in a single, larger entity.
