Elaine 
Gain definition refers to the increase in the value of an investment over time. For example, if you purchase a stock for $10 per share and it increases in value to $12 per share, you have made a $2 per share gain. What is stock gain called? “Stock gain” refers to the increase in value … Read more
Lease Extension A lease extension is when a tenant and landlord agree to extend the length of the tenant’s lease. This can be done for a number of reasons, such as if the tenant wants to stay in the property for longer than the original lease term. There are a few things to keep in … Read more
Ordinary income is a term used in the United States to describe the income earned from certain activities that are not categorized as capital gains or investment income. Ordinary income includes wages, salaries, tips, commissions, and other forms of compensation received for work performed. It also includes interest income from savings accounts and other interest-bearing … Read more
A remittance letter is a letter that is sent along with a payment. The letter typically provides instructions on how the payment is to be applied. For example, the letter may indicate that the payment is for invoices #123 and #456. The term “remittance letter” is most commonly used in the context of corporate finance. … Read more
The definition of furniture refers to the set of furniture with which a certain space is equipped, serving for the normal activities of any , office or home. All these elements are used to carry out different tasks such as working, resting or eating. This section includes, for example, chairs, tables, shelves, counters, writers, armchairs … Read more
