Industry Terms

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August 31, 2024 3 min read Definitions
Overriding Royalty Interest: A Comprehensive Guide
Finance Real Estate Oil and Gas Royalty Interests Energy Sector Investments Industry Terms
An in-depth exploration of Overriding Royalty Interest, a perspective interest carved out of the lessee’s interest in the oil and gas industry, generally free from production costs.
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August 25, 2024 3 min read Definitions
Flat Scale: Uniform Rate of Pay in Industry and Labor
Industry Labor Pay Scale Labor Relations Industry Terms Compensation Uniform Rates
A detailed exploration of the 'Flat Scale' in industry and labor, denoting a uniform rate of pay that makes no allowance for volume, frequency, or other influencing factors.
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