Examlex
Who discovered Neptune in the late 19th century?
Subsidiary
A company that is controlled by another company, known as the parent company, through ownership of more than 50% of its voting shares.
Deferred Tax Asset
A financial statement item that represents an entity's right to reduce future tax payments, due to temporary differences between its reported income and its taxable income.
Acquired Land
Land obtained through purchase or other means, which appears as an asset on the balance sheet and might be used for operations or investment.
Parent Company
A corporation that owns more than half of the voting stock of another company, thereby controlling it and often consolidating its financial statements with its own.
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