Examlex
The degree of evidence that a defendant claiming insanity is required to produce is consistent throughout all jurisdictions; including under the Federal Rules of Evidence (FRE).
Accounts Receivable
Owed sums to a corporation by its customers for commodities or services furnished or taken advantage of, with the payment still forthcoming.
Tax Shield
A reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as interest on loans.
Noncash Expenses
Expenses recorded on an income statement that do not involve actual cash flow, such as depreciation or amortization.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision, representing the benefits one could have received by taking a different decision.
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