Examlex
Research suggests that unsuccessfully integrating cultural differences is often the reason global mergers and acquisitions fail.
Bargain Purchase Option
A clause in a lease agreement allowing the lessee to purchase the leased asset at the end of the lease term at a price significantly below its expected fair market value.
Executory Costs
Expenses related to executing a contract, such as maintenance and insurance costs, that are typically incurred over the contract's term.
FASB
The Financial Accounting Standards Board, responsible for establishing and improving financial accounting and reporting standards in the United States.
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