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Domestic Corporations
Companies that are incorporated and operate within the legal boundaries of a country.
Excess Fair Value
The amount by which the fair value of an asset exceeds its carrying value on the balance sheet, often recognized during business combinations.
Franchise Contract
A legal agreement granting a franchisee the rights to operate a business under the franchisor's brand and operational model in exchange for fees or royalties.
Noncontrolling Interest
Noncontrolling interest is the portion of equity in a subsidiary not attributable, directly or indirectly, to a parent company, which is reported in the consolidated financial statements of the parent company.
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