Examlex
MATCHING
Match each description with the item below.
-Jerry Falwell
Controlling Interest
The ownership of a majority of a firm's stock, giving the shareholder the ability to control decisions and operations.
Amortized
The process of gradually paying off a debt or reducing the value of an intangible asset through regular payments over a set period.
Patent
A government-granted exclusive right for an invention, giving the patent owner the right to exclude others from making, using, or selling the invention for a certain period.
Net Income
Net income is the total earnings of a company after subtracting all expenses, taxes, and losses, indicating the company's profitability during a specific time period.
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