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Income Sharing
A financial arrangement where profits or revenues are distributed among participants or partners, often seen in partnerships and joint ventures.
Partnership Assets
Resources owned jointly by partners in a partnership arrangement, used in the operation of the partnership business.
Cash Distribution
The payment of earnings or capital to shareholders, stakeholders, or partners by a corporation or fund.
Noncash Assets
Assets that cannot be quickly converted into cash, such as real estate, equipment, and inventory.
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