Examlex
Systematic desensitization is a therapy method used in treating phobias that involves progressive relaxation and exposure to the feared object.
Depreciation Expense
The distribution of a physical asset's cost across its anticipated lifespan to reflect its depreciation over time.
Net Income
The total profit of a company after all expenses and taxes have been deducted from revenue, also known as the bottom line.
Private Corporation
A company owned by non-governmental organizations or a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public.
Stockholders' Equity
The residual interest in the assets of a corporation that remains after deducting its liabilities, representing shareholders' ownership in the company.
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