Examlex
The cost of a covenant not to complete for 10 years incurred in connection with the acquisition of a business is amortized over 10 years.
Lower South
Refers specifically to the states of the deep south or those that first seceded from the Union, often focusing on their agriculture-based economy and role in the Confederacy.
Internal Slave Trade
The trade of enslaved African Americans within the United States, especially from the Upper South to the Deep South, after the abolition of the Atlantic slave trade.
Cotton Kingdom
The Cotton Kingdom refers to the Southern United States in the 19th century, where cotton farming dominated the economy, heavily reliant on slave labor prior to the Civil War.
Economic Investment
The allocation of resources, usually monetary, into assets or projects expected to generate income or profit in the future.
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