Examlex
What are the advantages and disadvantages of manual controls?
Surplus
The amount by which revenues exceed expenditures in a budget, often referring to profit or the excess of assets over liabilities.
Listed
Refers to a company or security that is officially registered and available for trading on a public stock exchange.
No-liability
A type of company structure where shareholders are not obliged to contribute additional equity to cover company debts in case of insolvency.
Limited by Guarantee
A form of incorporation used primarily by non-profit organizations where the liability of the members is limited to the amount they agree to contribute if the company is wound up.
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