Examlex
Cash equivalents include investments that can be readily converted into cash;investment maturity dates are irrelevant.
Advantage
A condition or circumstance that puts one in a favorable or superior position compared to competitors.
Franchisor
A company that grants the license to an individual or group to carry out and operate a business under its brand and trademark.
License
A legal permission granted by a competent authority allowing a party to engage in a particular activity or to use a specific piece of intellectual property.
Market
A place or mechanism where buyers and sellers interact to trade goods, services, or securities, determining prices through supply and demand.
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