Examlex
Copyrights protect the creator of original works such as ________.
Pension Plan
A retirement plan that outlines the benefits that employees will receive upon retirement, which is funded by contributions from the employer, the employee, or both.
Corridor
In financial terms, a corridor can refer to the allowable range of values for financial instruments or within financial models to trigger certain actions or constraints.
Prepaid Pension Asset
An asset on the balance sheet that occurs when a company pays more into a pension plan than the current cost recognized for the benefits related to the period.
Pension Expense
The cost to a company for maintaining a defined benefit pension plan, including service cost, interest cost, expected return on plan assets, and any amortization of past service costs.
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