Examlex
Paper currency that has been declared legal tender but is not convertible into coins or precious metals is called ________ money.
Taxable Gain
The portion of profit or income derived from selling an asset that is subject to taxation.
Sole Shareholder
An individual who owns 100% of the shares of a corporation, making them the exclusive owner.
Stock Exchange
A marketplace where securities, such as stocks and bonds, are bought and sold.
Liability
The state of being legally responsible for something, especially in terms of owing money or other obligations.
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