Examlex
If an insured has a high-risk hobby,then he or she should expect to pay less for life insurance.
Total Capital
The sum of a company's debt and equity, representing the total funds that a company can use for business operations or investments.
Net Assets
The total assets of a company or organization minus its total liabilities, indicating its financial health.
Partnership
A sanctioned business model involving a partnership of two or more persons who equally divide management duties and profits.
Capital Balances
The amounts recorded in the equity section of a partnership or corporation's balance sheet, representing the owners' stakes in the company.
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