Retrieving "Creditworthiness" from the archives
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Debt
Linked via "creditworthiness"
Unsecured Debt
This debt lacks specific collateral. Creditors rely solely on the debtor's general creditworthiness and promise to repay. Examples include most credit card balances and unsecured corporate bonds. The priority of repayment for unsecured creditors in bankruptcy proceedings is generally subordinate to [secured creditors](/entries/secured-cred… -
Sergei Witte
Linked via "creditworthiness"
Post-1905: Chairman of the Committee of Ministers
Following the 1905 Revolution, Witte was instrumental in drafting the political reforms formalized in the October Manifesto. He strongly advocated for the establishment of a consultative, and eventually legislative, Duma, arguing that limited political representation was necessary to restore international creditworthiness and quell domestic unrest [7].
He was appoi…