Debt Instruments

Original issue discount ("OID") is a form of interest equal to the excess of a debt instrument's stated redemption price at maturity over its...

A termination, or break-up, fee is the amount payable under an acquisition agreement by the seller (buyer) to the buyer (seller) if the acquisition fails...

Cash equivalents are highly-rated, short-term, liquid investments that are readily convertible to cash and have short-term maturities. In the context of...

EBITDA is earnings before interest, taxes, depreciation, and amortization. This non-GAAP metric is often used to compare profitability among companies...

Liquidation value is the value that sellers of a failed business could expect to receive in exchange for the business' physical assets. Intangible assets...

A bullet payment is the repayment of the entire principal amount of a bond or term loan when due and payable on the maturity date. Bonds and term loans...