Examlex
When physical attractiveness creates a halo effect, it is known as the "what-is-beautiful-is-good effect."
Insurance Policy
A contract between an insurer and policyholder specifying the terms for the payment of claims to the insured or their beneficiaries in the event of a covered loss.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditures to the appropriate accounting period.
Debit
An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.
Credit
An accounting entry that increases liabilities or equity or represents a decrease in assets, also refers to the provision of resources based on trust.
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