Examlex
Leasing is often referred to as off-balance sheet financing because lease payments are shown as operating expenses on a firm's income statement and,under certain conditions,leased assets and associated liabilities do not appear on the firm's balance sheet.
Ferdinand
Refers to various historical figures, the most renowned being Ferdinand II of Aragon, who, alongside Queen Isabella of Castile, financed Christopher Columbus's 1492 voyage, leading to the European discovery of the New World.
Selling
The process of transferring goods or services from one party to another in exchange for money or other compensation.
Treaty of Tordesillas
An agreement in 1494 between Portugal and Spain, dividing the newly discovered lands outside Europe between them along a meridian 370 leagues west of the Cape Verde islands.
Exploration Zones
Designated areas set aside for the purpose of exploration, often related to the search for natural resources or scientific research.
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