declaration of bankruptcy
31Roman Catholic Church Scandal — ▪ 2003 The Roman Catholic Church was rocked by accusations of sexual abuse and cover ups around the world during 2002. The scandal spurred the resignations of Bernard Cardinal Law (see Biographies (Law, Bernard Cardinal )) of Boston and… …
32international payment and exchange — ▪ economics Introduction international exchange also called foreign exchange respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such… …
33Major professional sports leagues in the United States and Canada — Major Leagues redirects here. For other meanings of Major League or Major Leagues see Major League (disambiguation). The major professional sports leagues, or simply major leagues, in the United States and Canada are the highest professional… …
34Event Of Default — An action or circumstance that causes a lender to demand full repayment of an outstanding balance sooner than it was originally due. In many agreements, the lender will include a contract provision covering events of default to protect itself in… …
35Previous Close — A security s closing price on the preceding day of trading. Previous close can refer to the prior day s value of a stock, bond, commodity, futures or option contract, market index, or any other security. By comparing a security s closing price… …
36Termination Clause — A section of a swap contract that describes what will happen if the contract is ended early or defaulted on. The termination clause can make the counterparty who is responsible for the default or termination event pay damages to the other… …
37Termination Event — An occurrence that will cause all or part of a swap agreement to be ended early. Possible termination events include legal or regulatory changes that prevent one or both parties from fulfilling the contract terms ( illegality ), the placement of… …
38temporary receiver — official receive which begins working before the official declaration of bankruptcy …
39United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… …
40international relations — a branch of political science dealing with the relations between nations. [1970 75] * * * Study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies and political… …
