Examlex
The tongue is made of smooth muscle.
Personal Assets
Assets owned by an individual, including both tangible items like real estate and cars, and intangible items like investments and patents.
Income and Loss Sharing
A method often used in partnership agreements where profits and losses are distributed among partners according to pre-agreed proportions.
Creditors' Claims
Rights of lenders to claim assets of a debtor in case of default.
Income and Loss Ratio
Usually referred to as the "loss ratio" in insurance, it is a metric that compares losses (claims paid and adjustment expenses) to premiums earned.
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