Examlex
Play areas should not be included in toddler centers.
Gain
The financial benefit obtained when the selling price of an asset exceeds its purchase price.
Assumes Liability
Taking on the legal responsibility for a debt or obligation.
Realized Gain
Profit from the sale of an asset or investment when the selling price exceeds the original purchase price.
Ordinary Income
Income earned through standard operations, including wages, salaries, commissions, and interest income, typically taxed at normal rates.
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