When source code is compiled, an intermediate language is created which acts as a bridge between writing and executing the program. It allows for precise optimizations and portability. Some languages, like Java, use bytecode for optimization and portability. In some cases, an existing language can be used as an intermediate language, such as JavaScript for […]
Intermediate debt is a type of loan where the lender has a low priority claim on a company’s assets in the event of liquidation. It can be provided through subordinated debt or preferred stock, and carries higher costs for the lender due to the higher risk. Specialized lenders offer mezzanine investment funds for this type […]
