Examlex
Under the MACRS system,if the aggregate basis of all personal property placed in service during the last three months of the year exceeds 40% of the cost of all personal property placed in service during the tax year,the mid-quarter convention is required.
Ordinary Shares
Equity securities that represent ownership in a company, giving holders voting rights and a share in the company's profits through dividends.
Cumulative
Referring to a total that increases by adding successive amounts.
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