Examlex
_____ software is designed to run from removable storage devices and requires no installation or configuration data to be stored locally.
Trade or Business
An activity engaged in regularly and continuously for the purpose of earning income or profit.
Mortgage
A loan secured by real property, typically used to purchase the property itself, where the borrower agrees to repay the lender over a period of time.
Gain/Loss
The financial result from the sale of assets or investments, measured as the difference between the selling price and the purchase price.
Purchased
Acquired by paying money or its equivalent; involves obtaining ownership of a good or service in exchange for monetary value.
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