Examlex
The term ____ describes primary storage devices that are implemented as microchips, can read and write with equal speed, and can randomly access bytes, words, or larger data units.
Primary Beneficiary
The main individual or entity intended to receive the benefits from a trust, insurance policy, or other fiduciary arrangement.
Fair Value
An estimation of the market value of an asset or liability based on current market conditions.
Non-Controlling Interest
A share in the equity of a subsidiary not owned by the parent company, representing outside ownership interest in the subsidiary.
Canadian GAAP
Generally Accepted Accounting Principles in Canada, a set of accounting standards and procedures used to compile financial statements in Canada.
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