Examlex
The right to buy new shares of stock in proportion to stock already owned is called a
Worn-Out Machinery
Worn-Out Machinery refers to equipment that has reached the end of its useful life due to wear and tear, aging, or obsolescence.
Expanding Current Operations
The process of increasing the scale or scope of a company's business activities.
Accrued Interest
The accumulation of interest on a loan or bond since the last payment date but not yet paid out to the lender.
Gain on Sale of Investments
The profit realized from selling investments for more than the purchase price.
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