Examlex
If a retailer accepts a national credit card such as Visa the retailer must maintain detailed records of customer accounts.
Indefinite Time
Indefinite Time indicates a period without a specified end date.
Research Costs
Expenditures related to activities undertaken to gain new knowledge or understanding to develop new products, processes, or services; often a significant part of a company's innovation efforts.
Capitalized
In accounting, this term refers to recording an expense or cost as a capital asset on a balance sheet, rather than as an expense on the income statement.
Tangible Asset
Physical assets that can be touched and have a finite monetary value, such as buildings, machinery, and equipment.
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