Examlex
The debt ratio helps to assess the risk a company has of failing to pay its debts and is helpful to both its owners and creditors.
Donor's Adjusted Basis
The original value of an asset for tax purposes, adjusted for factors such as depreciation or improvements, used to determine gain or loss on a gift's transfer.
Donee
The recipient of a gift or donation, often referenced in the context of tax deductions for charitable contributions.
Amount Realized
The total sum received from a sale or transaction after accounting for all expenses and liabilities.
Basis
Basis refers to the amount of investment in something for tax purposes, usually the cost of acquiring an asset.
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