Examlex
As a person balds, terminal hair is replaced by vellus.
Corporation
A legal entity owned by shareholders, with rights and liabilities distinct from those of its owners.
Large Business
Generally refers to a corporation or enterprise that operates on a large scale in terms of revenue, employees, or market share, often exceeding the thresholds set for small and medium-sized enterprises.
Insurance Policy
A contract that provides financial protection against losses or damages, defining the terms, coverage, premiums, and conditions under which the insurer will compensate the insured.
Accounting Equation
The fundamental principle of finance stating that assets equal liabilities plus equity.
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