Examlex
In many clouds, water vapor initially forms ice crystals rather than condensing as tiny droplets of supercooled water.
Corporations Taxed
The process through which businesses are subjected to tax on their income or profit by the government.
Tax Exempt
Income or transactions that are free from tax at the federal, state, or local level.
Gain/Loss
The financial result that occurs when the selling price of an asset is higher or lower than its purchase price.
Straight Line Basis
A method of calculating depreciation and amortization that allocates an equal portion of an asset's cost to each period in its useful life.
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