Examlex
Build a medical term that means "inflammation in the lung."
Annual Amortization
The process of spreading the cost of an intangible asset over its useful life on a yearly basis.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders, often reinvested in the business.
Partial Equity Method
An accounting practice used for recording investments, where only part of the investment income is recorded in proportion to ownership, distinct from the full equity method.
Net Income
The total revenue minus expenses, taxes, and costs, representing the profit of a business over a period of time.
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