Examlex
The direction of travel of midlatitude wave cyclones is controlled largely by the polar jet stream.
Right of Contribution
A legal principle that allows a person who has discharged a debt or obligation which was owed by several parties jointly to claim a proportionate reimbursement from the other parties.
Partnership Losses
Financial deficits incurred by a partnership due to its business operations, shared among its partners according to their agreement.
Winding Up
The process of dissolving a company, including settling its debts and distributing any remaining assets to shareholders.
Dissolution
The process of formally ending or closing down a business or partnership.
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