Examlex
Explain the intersection of masculinity and sport and the affect this has on gay and female athletes.What role does sports media play in reinforcing masculinity in sport?
Net Operating Loss
A financial situation where a company's allowable tax deductions are greater than its taxable income, leading to a negative taxable income.
Carryback
Carryback involves applying tax deductions or credits to a prior tax year, resulting in a tax refund or reduced tax liability.
Carry Forward
A provision that allows individuals or businesses to apply current year losses, credits, or deductions to future tax years, to reduce taxable income.
Corporation
A legal entity that is separate and distinct from its owners, capable of owning property, entering contracts, and being sued.
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