Examlex
When the effects of genes add up to make the phenotype, they are called dominant-recessive genes.
Taxable Income
Earnings subject to taxation, which equals gross income minus any allowable deductions and exemptions.
Non-Dividend Paying Corporation
A corporation that chooses not to distribute any part of its earnings to shareholders as dividends, typically to reinvest in the business.
Limited Liability Company
An organizational form that merges the direct taxation benefits of a partnership or sole proprietorship with the limited legal responsibility characteristic of a corporation.
Hedge Funds
Investment funds that employ diverse strategies to earn active returns for their investors, often engaging in more complex trading, portfolio-construction, and risk management techniques than conventional mutual funds.
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