Waterfall
With reference to a debt obligation: the priority of payment of amounts received from or on account of the borrower among creditors to the borrower; With reference to a fund: ...
With reference to a debt obligation: the priority of payment of amounts received from or on account of the borrower among creditors to the borrower; With reference to a fund: ...
The examination of how different values of an independent variable impact a particular dependent variable under a given set of assumptions; also known as “sensitivity analysi ...
An individual who has and reports insider knowledge of illegal activities occurring in an organization; can be employees, suppliers, contractors, clients, or any individual who bec ...
A single loan that a lender has issued to a borrower.
A company whose stock is entirely owned by another company (the parent company).
This is a denomination in which a Vehicleprepares and presents its financial statements and other financial information.
Contractual breaches or other events, the occurrence of which gives the lender the right to demand a full and immediate repayment of the loan (subject to cure rights). These are de ...
An agreement between various financiers providing loans or credits to a borrower that reconciles their different (potentially competing) interests. It formalizes their relationship ...
A legal document that establishes one debt as ranking behind another in priority for collecting repayment from a debtor; acknowledges that one party’s claim or interest is su ...
The capital structure layer of funding between common equity and secured borrowing, usually subordinated (to the senior debt), and secured not by a lien on property, but secured by ...