Examlex
Goldman tried to avoid "toes-to-the-line" kinds of activities when it came to regulatory compliance.
Cumulative Pretax Income
The total pre-tax income earned by a company over a specified period, before any taxes are deducted.
Useful Life
The period over which an asset is expected to be usable by an entity, affecting its depreciation or amortization schedules.
Revised Estimated
An updated forecast or projection based on new information or a more accurate assessment.
Depreciating Equipment
This refers to the reduction in the value of equipment over time due to wear and tear or obsolescence, recognized as an expense in accounting.
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