Examlex
A quorum for the United States Supreme Court consists of any three justices.
Lump-Sum Cost
A single total amount charged or paid for a group of services, rights, or products, rather than charging for them separately.
Market Values
The current value of an asset or company based on the prices at which its securities are traded in the market.
Journal Entry
The recording of financial transactions into accounting records, or journals, indicating accounts affected, amounts, and the date.
Special Purpose Machine
A special purpose machine is designed to perform a specific manufacturing or production task and is not versatile for other uses.
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