Examlex
The authority of private police to function is no more than the exercise of the right of all citizens to protect their own property.
Bargain Purchase
A situation where an entity acquires another entity's assets for less than their fair market value, often leading to a gain in the acquirer's financial statement.
Investment Account
An account held at a financial institution that is used for the purpose of investing in securities such as stocks, bonds, and mutual funds.
Liabilities
Liabilities are the economic debts or responsibilities that a business has to other entities, which are to be fulfilled over time by transferring economic resources.
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