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Intangible Assets - Patents Define What Is Meant by the Term

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Essay

Intangible assets - patents Define what is meant by the term intangible asset,provide an example,and identify typical controls over intangible assets.


Definitions:

SEC

Stands for the Securities and Exchange Commission, a U.S. government agency that oversees and enforces federal securities laws to protect investors and ensure market integrity.

Dividends

Distributions of earnings allocated by a company to its shareholders, often in the form of cash payments or additional shares.

Organization Expense

Costs associated with forming a corporation or business entity, such as legal fees, filing fees, and promotional expenses.

Common Stock

A type of equity security that represents ownership in a corporation, granting holders voting rights and a share in the company's profits through dividends.

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