Examlex
The constant gross-margin percentage NRV method allocates joint costs to joint products in such a way that the gross margin on each joint product is the same as it was in the previous year.
Fourteenth Amendment
The Fourteenth Amendment to the United States Constitution, ratified in 1868, grants citizenship to all persons born or naturalized in the U.S., prohibits states from denying any person life, liberty, or property without due process of law, and guarantees equal protection under the laws.
Anti-federalists
Opponents of the ratification of the U.S. Constitution who feared the creation of a strong central government, preferring more power to be held by the states.
Supreme Court
The highest court in the federal judiciary of the United States, with ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.
Coequal Branch
A principle referring to the three branches of the U.S. government (Legislative, Executive, Judicial), each having equal power to ensure a balance within the federal system.
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