Examlex
The average age at which boys reach puberty has now fallen to between _____ years old.
FMV
Fair Market Value; the price an asset would sell for on the open market under current conditions.
Donor's Adjusted Basis
The amount used in determining capital gain or loss for the donor, typically the cost basis adjusted for various factors like improvements or depreciation.
Ordinary Gains
Ordinary gains refer to earnings from the sale of assets or property that are not classified under capital gains and are subject to the taxpayer's normal income tax rate.
Accounts Receivable
Money owed to a business by its customers for goods or services delivered but not yet paid for.
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