Examlex
Until 1999, when the SPD-Green government liberalized citizenship requirements, German citizenship was based on
Final Settlement
The concluding financial transaction that resolves all outstanding obligations of a contract.
Profit and Loss Sharing
An agreement between business partners to distribute the profits and losses of a business in proportion to their ownership stakes or agreed-upon percentages.
Liquidation Expenses
Liquidation expenses are the costs associated with selling or disposing of a company's assets during the cessation of operations, often part of winding down a business.
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