Examlex
Although language development ultimately ends with the ability to produce and understand language, children raised in different cultures proceed through the stages of language development is widely varying sequences. For example, English-speaking children learn to coo before they babble, but children raised in China babble before they coo.
Operating Reserves
Financial assets set aside by an organization to cover unexpected shortfalls or emergencies, ensuring financial stability and operational continuity.
Permanently Restricted Endowment
A type of endowment fund that a donor restricts in perpetuity; the principal cannot be spent, but the investment earnings can be used for designated purposes.
Financial Assets
Assets that derive value because of a contractual claim, such as stocks, bonds, and bank deposits.
Physical Assets
Tangible or material assets owned by an individual or company, such as buildings, machinery, or land.
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