Examlex
In 2001, the first year of the Bush administration, Americans learned that recessions were a thing of the past.
Amortization
The process of spreading out a loan payment over multiple periods or the gradual write-off of an intangible asset over its useful life.
Intangible Assets
Non-physical assets owned by a company, such as patents, trademarks, goodwill, and copyrights, that are valuable but lack physical substance.
Common Stock
A type of security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.
Noncash Investing
Investing activities that do not involve direct cash transactions, such as acquiring assets through exchange or issuing stock for assets.
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