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Simple English definitions for legal terms
Read a random definition: Gresham's law
Definition: Future earnings refer to the income that an individual or business is expected to earn in the future. This can include wages, salaries, profits, and other sources of income.
Examples:
These examples illustrate how future earnings can be used in legal cases to calculate damages or compensation for lost income. They also show how businesses can use retained earnings to invest in their future growth and success.