Examlex
Match each of the definitions that follow with the appropriate investment term (a-j) .
-Debt investments that a company intends to keep until their maturity date
Fixed Assets
Long-term tangible assets that a firm uses in its operations and that are not expected to be consumed or converted into cash within a year.
Receivables
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Modified Accelerated Cost Recovery System (MACRS)
A method of depreciation used for tax purposes in the United States that allows businesses to recover investments in certain property over a specified life through annual deductions.
Tax Deductions
Expenses that can be subtracted from gross income to reduce taxable income and overall tax liability.
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