Examlex
Production and materials management ERP components handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.
Equipment
Tangible personal property used in operations, such as machinery or office hardware, that is not intended for sale.
Acquisition Differential
The difference between the cost of an acquisition and the fair value of net assets acquired, often recognized as goodwill on the balance sheet.
Patents
Legal rights granted by a government to an inventor for a limited time, giving exclusive rights to manufacture, use, or sell an invention.
Acquisition Differential
The difference between the purchase price of an acquired company and the book value of its net assets.
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