Examlex
Which of the following was perceived as a "bad investment" for banks,developers,and real estate agencies prior to 1968?
Goodwill
An intangible asset that represents the premium paid above the fair market value of the net identifiable assets of an acquired company.
Copyright
An exclusive right to publish and sell a literary, artistic, or musical composition.
Patent
A legal right granted by a government to an inventor to exclusively produce, use, and sell an invention for a specific number of years.
Amortized
Refers to the process of gradually paying off a debt or spreading out the cost of an intangible asset over its useful life.
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