Examlex
Spin-offs are not taxed as long as shareholders of the parent company are given at least 80% of the shares in the new company.
Proportionate Share
An individual's or group's fair or equitable portion of a whole, often related to shares in a company or distribution of assets.
Professional Malpractice Insurance
A form of liability insurance that helps protect professionals from financial loss resulting from claims of negligence or incompetence.
Negligence Claims
Legal demands for compensation by individuals who have suffered injury or loss due to another party's failure to exercise the appropriate level of care.
Insurance Policy
A contract between an insurer and a policyholder that determines the claims which the insurer is legally required to pay.
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