Examlex
The World Wide Web was completed and made available to all researchers at CERN in August 1991, the date that marks the birth of the web.
Guaranteed Payment
A fixed payment made to a partner by a partnership, independent of the partnership's profitability.
Cash Distribution
The payment of earnings, interest, or dividends in cash to shareholders or partners by a corporation, partnership, or other entity.
Liquidating Distribution
A payment made by a corporation to its shareholders during its dissolution, distributing its assets to the owners according to their ownership share.
Basis
The amount paid for an asset, used to determine gain or loss for tax purposes upon sale or other disposition.
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