GOODWILL / INTANGIBLES Definition

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GOODWILL / INTANGIBLES is the total value of all intangible assets, e.g. goodwill, patents, copyrights, etc.

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COMMERCIAL LOAN is a short-term business loan usually issued for a term of up to six months.

NETTING can be the settling of mutual obligations at the net value of a contract as opposed to its gross dollar value; or, the reduction of transfers of funds between subsidiaries or separate companies to a net amount.

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