The capacity for a corporation to legally work its way into debt. Board of directors are often given the right to borrow from themselves based on the bylaws and limits that are put in place by the company itself.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser