Examlex
The "reference amount" is the amount of a food that people customarily consume per eating occasion and which is used by the U.S.Food and Drug Association in establishing the serving size in the Nutrition Facts label for that food.
Useful Life
The estimated duration a fixed asset is expected to be economically usable, with normal repairs and maintenance, for it to generate revenue.
Leasehold Improvements
Enhancements made to rental premises by a tenant, such as additions or renovations, which typically revert to the landlord upon lease termination.
Leased Office Space
A property arrangement where a company rents a space for its business operations for a specified period of time.
FOB Shipping Point
A term used in shipping where the buyer is responsible for the goods once they leave the seller's premises.
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