Examlex
A distribution in partial liquidation of a corporation is always treated as a sale or exchange by an individual shareholder.
Amortization
The gradual write-off of the cost of an intangible asset over its useful life, similar to depreciation for tangible assets.
Trademark
A name, term, or symbol used to identify a business and its products.
Business
An organization or enterprising entity engaged in commercial, industrial, or professional activities with the aim of generating profits.
Fixed Asset Turnover Ratio
A financial ratio that measures a company's efficiency in using its fixed assets to generate sales.
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