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Describe the transformation caused by the Industrial Revolution.
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operational costs, indicating its profitability over a specific period.
Securitization
The process of converting assets, often illiquid, into marketable securities.
Structured Entity
A legal entity with a specific purpose, restricted operations, and a limited scope of activities, often created for securitization, investment, or to hold assets.
Receivables
Money owed to a company by customers or clients for goods or services that have been delivered or used but not yet paid for.
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