Examlex
The purpose of governmental deregulation is to eliminate laws that seem to hinder competition.
Benefit Plans
Programs established by employers to provide various benefits to their employees, such as healthcare, retirement savings, and life insurance.
Unsecured Liabilities
Debts or obligations that are not protected by a security interest or collateral, making them riskier for lenders.
Net Realizable Value
The estimated selling price of goods minus the cost of their sale or disposal.
Liabilities With Priority
Liabilities with priority refer to debts or obligations that must be paid before others in the event of a liquidation or bankruptcy.
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