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What Is a Bargaining Impasse

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What is a bargaining impasse?


Definitions:

Annual Income Statement

A financial statement that summarizes the revenues, costs, and expenses incurred over a fiscal year, showing the company's annual profit or loss.

Legal Fees Earned

Income recognized by law firms or attorneys for the provision of legal services.

Unearned Rent

Revenue received by a landlord for rent that has not yet been earned because the time period the rent covers has not yet passed.

Rent Revenue

Income earned from leasing out properties or real estate to tenants.

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