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Capital Account
An account on a nation's balance of payments that records transactions involving the purchase and sale of assets, or in business accounting, an account representing owner's equity.
Partnership Capital
The total amount of equity contributed by all partners in a partnership business.
Personal Assets
Assets owned by an individual, including tangible and intangible items of value such as real estate, investments, and personal property.
Unlimited Life
A characteristic of corporate entities indicating they can continue to exist indefinitely, beyond the lives of their owners or members, unless dissolved.
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