Examlex
When a parent company pays less than book value for an investment in a subsidiary,the excess of book value over the cost of the investment should be used to lower the carrying value of the subsidiary's long-term assets (other than long-term marketable securities)in preparing the consolidated financial statements.
Copyright
A form of intellectual property that grants the creator exclusive rights to their original works of authorship like writings, music, and artworks.
Patent
Legal right granted by a government to an inventor, allowing them to exclude others from making, using, or selling their invention for a certain period of time.
Trademark
A legal designation that protects the exclusive use of a brand or product name.
Goodwill
The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.
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