Examlex
To pacify fears of US domination in Latin America, in 1936, President Franklin Roosevelt announced the Hayes Corollary to the Monroe Doctrine to protect all nations within the Western Hemisphere.
Intercompany Sale
The sale of goods or services between divisions or subsidiaries within the same parent company.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the usage, wear and tear, or obsolescence of the asset.
Effective Tax Rate
The average percentage that companies or individuals pay in taxes on their total income.
Goodwill
An intangible asset representing the excess of purchase price over the fair market value of identifiable assets and liabilities acquired in a business combination.
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