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Legal Services
Professional services provided by lawyers or legal practitioners to advise or represent clients in legal matters.
Deferred Revenue
Money received by a company for goods or services which have not yet been delivered or performed, recorded on the balance sheet as a liability until the service is completed or goods are delivered.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to wear, tear, or obsolescence.
Long-Lived Asset
Assets with a useful life of more than one year, used in the operations of a business, such as property, plant, and equipment.
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