Examlex
When brokers talk about trading round lots, they are referring to 50 shares of stock.
Fundraising Purposes
The aim of gathering financial support, typically for non-profit organizations, through various methods like donations, grants, or special events.
Profit-Seeking Enterprise
A business or organization that operates with the intention of making a profit, as opposed to a non-profit organization.
Deferral Method
An accounting method where revenue or expenses are recognized after cash is exchanged, delaying the recognition of income or expenses until a future accounting period.
Government Grants
Funds provided by the government to organizations, businesses, or individuals for specific purposes, without any repayment obligation, often to support projects or innovations.
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