Private money loans is a term used to describe a loan that is given to an individual or company by a private organization or even a wealthy individual.| Corporate Finance Institute
Senior term debt is a loan with a priority repayment status in case of bankruptcy, and typically carries lower interest rates and lower risk.| Corporate Finance Institute
A leverage ratio indicates the level of debt incurred by a business entity against several other accounts in its balance sheet, income statement, or cash flow statement.| Corporate Finance Institute
Understand insolvency—when individuals or firms can't meet financial obligations. Learn about cash-flow vs. balance-sheet insolvency and recovery options.| Corporate Finance Institute
Deleveraging is a process undertaken by a company to reduce its amount of total debt and avoid risks like defaulting on payments or going into bankruptcy.| Corporate Finance Institute
Basis Points (BPS) are the commonly used metric to gauge changes in interest rates. A basis point is 1 hundredth of one percent.| Corporate Finance Institute
A revolving debt (a revolver, sometimes known as a line of credit or LOC) does not feature fixed monthly payments.| Corporate Finance Institute
Senior Debt is money owed by a company that has first claims on the company’s cash flows. It is more secure than any other debt, such as subordinated debt| Corporate Finance Institute
Bankruptcy is the legal status of a human or a non-human entity (a firm or a government agency) that is unable to repay its outstanding debts| Corporate Finance Institute