Category: General

What does pro-rata means?

in proportion Pro rata is a Latin term used to describe a proportionate allocation. It essentially translates to “in proportion,” which means a process wh...

What it means to reaffirm?

transitive verb. : to affirm (something) again especially so as to strengthen or confirm reaffirming the defendant’s innocence reaffirm the validity of a ...

What is debt exposure?

debt exposure. noun [ C or U ] FINANCE. the degree to which a company or country risks losing money because it has lent money that may not be paid back: I...