Examlex
The transport layer formats the data into packets, adds a header containing the packet sequence and the address of the receiving device, and specifies the services required from the network.
Shareholder
An individual or entity that owns shares in a corporation and therefore has ownership interest in the company.
Book Income
The income of a business reported in its financial statements, different from taxable income reported to the IRS.
Taxable Income
The amount of income used to determine how much tax an individual or a corporation owes to the government, after all deductions and exemptions have been accounted for.
Tax-Exempt
A status that exempts individuals or organizations from having to pay certain taxes.
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