Examlex
What is the term for buying priorities that focus on the economics of the situation, including cost, profitability, quality, services offered, and the total value of the seller's offering as perceived by the buyer?
Trust's Income
The income generated from the assets held within a trust, which may include interests, dividends, and other earnings.
Lease Cancellation
The process by which a lease agreement is terminated before its specified end date, either by mutual agreement or due to breach of contract.
Demonstrative Legacy
A demonstrative legacy is a specific gift of money with the direction that it is to be paid out of a particular fund or property, used in wills and estate planning.
Probate
The legal process through which a deceased person's will is validated and their estate is distributed to beneficiaries.
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