Examlex
An additional perk of a private equity firm is that the profits for both CEOs and the partners are taxed at the 15% capital gains rate rather than the 35% rate they would suffer if the income was received as income.
Activity Theory
A theory that suggests older adults remain more satisfied and cognitively engaged when they maintain involvement with social and productive activities.
Adolescents
Refers to individuals in the developmental stage spanning the transition from childhood to adulthood, typically between the ages of 10 and 19, characterized by physical, emotional, and social changes.
Hobbies
Leisure activities voluntarily pursued for enjoyment, relaxation, or interest outside of one's professional or work-related duties.
Nature and Nurture
The debate concerning the relative importance of an individual's innate qualities (nature) versus personal experiences (nurture) in determining or causing differences in physical and behavioral traits.
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