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... A scenario is an elaboration on the user case model. A scenario will add more detail to sub-cases by describing a specific sequence of events. The user cases and the analysis scenarios together constitute the functional requirements for the system. The object of the analysis scenario is to provide e ...
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... Junk bond issuance was very popular in the late 1990’s Junk bonds are low rated (high default risk) corporate bonds. Development of the junk bond primary market was enhanced by the secondary market maintained by Drexel, Burnham and Lambert in the early 1980s. Higher risk firms found they could issu ...
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Debt

A debt generally refers to something owed by one party, the borrower or debtor, to a second party, the lender or creditor. Debt is generally subject to contractual terms regarding the amount and timing of repayments of principal and interest. The term can also be used metaphorically to cover moral obligations and other interactions not based on economic value.
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