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When a light wave enters into a medium of different refractive index,
Final Settlement
The concluding process in a financial transaction where the seller transfers assets to the buyer, and the buyer pays the seller.
Profit and Loss Sharing
An arrangement, often in partnerships, where profits and losses are distributed among parties based on a pre-agreed ratio.
Final Settlement
The process of completing all financial transactions between parties, often referring to the final payment in a contract or dispute resolution.
Capital Accounts
Records reflecting the equity and investment contributions of owners or shareholders in a company, including adjustments for profits or losses.
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