Examlex
When the NewWay Dry Cleaners and The Easy Laundromat in your hometown join forces to pursue a new marketing opportunity, they are forming a horizontal marketing system.
Current Balances
The total amount present in an account at any given point in time, reflecting all transactions up to that moment.
Capital Account Deficit
A situation where a country's outflow of capital exceeds the inflow, indicating negative net foreign investment.
Income-Sharing Plan
A compensation scheme where employees receive a share of the profits of the company in addition to their regular salary.
Liquidating Partnership
The process of dissolving a partnership by selling off assets, paying liabilities, and distributing the remaining assets to the partners.
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