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What Is an Assembly Language? An assembly language is a type of low-level programming language that is intended to communicate directly with a computer’s hardware. Unlike machine language, which consists of binary and hexadecimal characters, assembly languages are designed to be readable by humans. Low-level programming languages such as assembly language are a necessary bridge

What Is an Assembly Line? An assembly line is a production process that breaks the manufacture of a good into steps that are completed in a pre-defined sequence. Assembly lines are the most commonly used method in the mass production of products. They reduce labor costs because unskilled workers are trained to perform specific tasks.

What Is Assembly Service? The term assembly service refers to a shipping or transportation service in which a number of small shipments are combined into a single one. This service may be provided for shipments to one party or multiple customers at once. Assembly service is offered by freight forwarders and carriers. Customers who use

What Is Assessable Capital Stock? Assessable capital stock is capital stock that could subject shareholders to liabilities above what they paid for their shares. Assessable capital stock stands in contrast to non-assessable capital stock, where shareholders can only lose the amount they invested. Holders of assessable shares might have to provide additional funding whenever a

What Is an Assessable Policy? An assessable policy is a type of insurance policy that may require the owner to pay additional funds to cover an insurer’s losses if they are greater than its reserves. Assessable policies, sometimes referred to as assessment insurance, are commonly associated with mutual insurance companies, which are groups of individuals and businesses

What Is Assessable Profit? Assessable profit is a calculation used in tax law to determine an individual’s taxable income based upon gains or losses on funds held in taxable investment accounts. The term “assessable” references profits that are capable of being assessed for taxation purposes. It is taken net of items such as investment account