Examlex
Computer keyboard
Partner Admission
The process by which a new partner is accepted into a partnership, often involving the purchase or contribution of capital into the partnership.
Ownership Interest
The legal rights and claims a person has in a company or property, often expressed as a percentage of ownership.
Capital Account Balances
The amount in the capital accounts of a business or an individual, representing ownership interest or invested capital.
Income Sharing
An arrangement where profits or losses are distributed among stakeholders or partners according to a predetermined formula or agreement.