Existing in reality or fact, with or without legal right.

A derogatory term used on the stock exchange to describe a huge decline in the value of a stock, usually a share, which is immediately followed by a temporary rise in price before continuing to fall. From: “Even a dead cat will bounce if it falls from a great height”.-

A person or company who tries to avoid paying their debts.

Also known as Tight Money. When money is difficult to borrow, and if a loan is secured then it would be paid back at a very high rate of interest.

Unsecured certified loan over a long period of time with a fixed rate, based on the trust that payment will be made in the future.

A meeting or interview in which a person or group of people report about a task or mission just completed or attempted.

Money owed to another person or organisation, such as a loan, mortgage, etc., which is required to be paid back, usually with interest.

Money that a lender risks losing if the borrower fails to pay it back.

An arrangement between a lender and a debtor, usually a company, in which the lender agrees to reduce the debt in exchange for newly issued shares from the borrower.

In employment this refers specifically to action taken by workers to disassociate themselves from a trade union which previously represented them. Aside from this the general meaning refers to withdrawal of certification of one sort or another.