Examlex
The standards of ethical practice should vary dependent on whether an organisation is private, government or non-profit.
Preferred Stock
A special type of stock whose owners, though not generally having a say in running the company, have a claim to profits before other stockholders do.
Capital Lease
A lease agreement that grants a lessee the benefits and risks of ownership of the asset, typically recognized on the balance sheet.
Balance Sheet
A “snapshot” of an organization’s financial position at a given moment.
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