Legal Lexicon

HGB

Expense Related to Acquisition

Expense related to acquisition refers to costs for repairs near the purchase date of an asset. Learn more about tax regulations and pitfalls!

Business Cycle Equalization Reserve

The business cycle equalization reserve offsets economic fluctuations. Learn more about this smart financial strategy – discover the details in our article now!

Annual Surplus

The annual surplus shows a company’s profit for the fiscal year. Learn more about its significance and calculation in the detailed article!

Goodwill

Goodwill refers to intangible assets in company acquisitions. Learn more about its significance, accounting, and impact on business valuation!