Examlex
What is the interpretation of the results?
Deductible Expense
An expense that can be subtracted from taxable income, reducing the total amount on which tax is assessed.
Lease Expiry
The date on which a lease agreement comes to an end.
Definite Term
A definite term refers to a specified period of time, often used in contexts such as contracts, which have a clear start and end date.
Common Law
A legal system based on customs, court rulings, and past examples rather than written laws.
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