Examlex
Identification of the subject matter and quantity would be an implied term.
Fixed Asset
Long-term tangible property held for business use and not expected to be converted into cash in the current or upcoming fiscal year.
Normal Operations
Refers to the regular and routine activities of a business under usual conditions.
Long Lived
Assets or properties owned by a company that are expected to provide economic benefits or value over an extended period, often exceeding one year.
Tangible
Relating to or representing things that have physical form and substance; can be touched or felt.
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