Q Definition

Q as the fifth letter of a Nasdaq stock symbol indicates that the company is in bankruptcy proceedings.

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UNSECURED is obligation backed not by collateral but only by the integrity of the borrower. Opposite of secured.

DEFERRED EXPENDITURE is an expenditure for which payment has been made or a liability incurred but which is carried forward on the presumption that it will be of benefit over a subsequent period or periods. This is also referred to as deferred revenue expenditure.

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