Examlex
Training focuses on improving employees' performance in their current jobs, while development prepares them for other jobs.
Legal Costs
Expenses incurred by an entity related to legal services, including attorney fees, court fees, and settlements.
Internally Developed Goodwill
The unrecognized benefit or extra value generated from a business's internal operations and initiatives, which is not formally recorded on the balance sheet.
Purchased Goodwill
The value paid above the fair value of the net assets of a company during an acquisition, attributed to non-tangible assets like reputation or customer loyalty.
In-Process R&D
Refers to the costs associated with research and development activities that are ongoing at the time of an acquisition.
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