Examlex
A trust is a means of transferring property.
Break-Even Point
The point at which total costs and total revenues are equal, meaning there is no net loss or gain.
Variable Cost
Costs that vary directly with the level of production or output, such as materials and labor expenses.
Monthly Interest Rate
The interest rate applicable to an investment or loan on a monthly basis.
Net 30 Policy
A credit term indicating that payment is due in full 30 days after the invoice date.
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