VERIFIABILITY Definition

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VERIFIABILITY is where the fact is capable of being tested (verified or falsified) by experiment or observation.

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SPLIT-OFF POINT is the stage in the production process at which joint products become identified as distinct products which can be sold or processed further; this is called the split-off point.

MEZZANINE FINANCING usually is a class of investment that is a stage intermediate between venture capital and an initial public offering; or, subordinated debt used in leveraged buyouts (LBOs).

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