Examlex
The par value of stock is an assigned per-share amount defined in many states as legal capital.
Absolute and Relative
Absolute pertains to values or principles that are universally valid, without relation to other things. Relative refers to something that is considered in relation or in proportion to something else.
Define Poverty
Entails a condition where an individual or community lacks the financial resources and essentials for a minimum standard of living.
Poverty Line
A threshold used to determine the minimum level of income required to secure the necessities of life.
Basic Subsistence
The minimum resources necessary for maintaining the basic levels of living including food, shelter, and clothing.
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