Equitable distribution refers to the fair division of property among interested persons, most commonly observed during divorce proceedings or the settlement of estates.
A tax waiver is a document issued by the state specifically stating that the tax department consents to the transfer of stock or real estate ownership. It is often needed to settle an estate or transfer property legally.
Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.