Examlex
Offshoring refers to setting up subsidiaries in foreign locations to perform in-house work.
Patent Account
An account on the balance sheet that represents the value of patents a company owns, which are intangible assets.
Net Adjustment
Modifications made to the net income or net loss of a company to reconcile with cash flow or other financial statements.
Unamortized Patent
The cost of a patent that has not yet been gradually written off against profits over its useful life.
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