absolute priority rule 绝对优先权条款 The idea that creditors claims take precedence over shareholders claims in the ev
The idea that creditors‘ claims take precedence over shareholders‘ claims in the event of a liquidation or reorganization. shareholders are compensated only after debtors have been fully paid off.
4.编制财务报表时，被性质相近的账户合并的账户，报表使用者无法自报表上知悉明细。又称为吸收账户（absorption account）或从属账户（adjunct acount）
6.Treated as an expense, rather than passing the cost on to customers.
7. A business that is merged into an another company due to acquisition.
8.In the equities market, the process of trading securities without affecting the market price.