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If a toddler is overweight, a practical approach would be to place him or her on a low-fat diet.
Net Assets
The total assets of an entity minus its total liabilities, representing the entity’s net worth or equity value.
Acquisition
The act of gaining ownership of a different corporation or business entity by either buying it or combining with it.
Credit Balance
A situation in an account where the total credits exceed the total debits, indicating the amount owed to the account holder or client.
Contingency Payment
A payment that is made only if certain specified conditions are met or certain outcomes occur.
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