Legal Effect

Amendment
An amendment is an addition to or a modification of a legal document. When properly executed, it has the full legal effect of the original document.
Inure
Inure refers to something taking effect, serving to benefit someone, or vested in property rights. It indicates a situation where rights or benefits come into force or are legally binding.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.