Examlex
The word "bat" is considered to be lexically ambiguous because it has two possible meanings.
Financial Liability
An obligation to pay money to another party, including loans, bond issuances, and accounts payable.
Notes Payable
A formal, written agreement to pay a certain amount of money, with interest, by a specified future date.
Deferred Revenue
Income received by a company for goods or services yet to be delivered or performed, recognized as a liability.
Financial Lease
A type of lease in which the lessee essentially takes on the benefits and risks of owning the asset, although legal ownership is retained by the lessor.
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