Par can refer to preferred or common stock, bonds or currencies, with different meanings depending on the context. 

 

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A term sheet is a nonbinding agreement setting basic terms and conditions under which an investment is going to be made.

 

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Voluntary bankruptcy is a type of bankruptcy where an insolvent debtor brings the petition to a court to declare bankruptcy because they can’t pay off debts. 

 

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Realized yield is the real return gained during the holding period for an investment. It includes dividends, interest payments, and so on.

 

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