DEVOLVE Definition

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DEVOLVE is to pass on or delegate to another, e.g. a devolved letter of credit.

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FRAUD is intentional deception resulting in injury to another person or entity

INTANGIBLES (NET) are intangible assets, including goodwill, trademarks, patents, catalogs, brands, copyrights, formulas, franchises, and mailing lists, net of accumulated amortization.

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