CURRENT MATURITIES-L/T/D Definition

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CURRENT MATURITIES-L/T/D is that portion of long term obligations which is due within the next fiscal year.

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GLOBALIZATION is the name for the process of increasing the connectivity and interdependence of the worlds markets and businesses. In its literal sense, globalization is a social change, an increased connectivity among societies and their elements due to transculturation; the explosive evolutions of transport and communication technologies to facilitate international cultural and economic exchange are examples of globalization.

MARKET RISK is the risk of price fluctuations resulting from general market conditions such as changes in the level of interest rates.

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