SHORT TERM INVESTMENTS Definition

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SHORT TERM INVESTMENTS are fixed income investments that mature in less than one year.

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DOUBLE LEVERAGE usually refers to a situation where a holding company raises debt and downstreams it as equity capital, or subordinated debt, to a subsidiary, i.e. it is the use of debt by both the parent company and the subsidiary, in combination with the companys equity capital, to finance the assets of the subsidiary.

AD HOC is being concerned with a particular end or purpose, e.g., a ad hoc committee established to handle a specific subject.

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