Possession Possession is the feeling of being taken over by some external force .A common symptom of psychosis in our culture and religious ecstasy in others.
Possessions Corporation Possessions Corporation refers to a U.S. corporation, the subsidiary of another U.S. corporation, which for tax purposes is treated as if it were a foreign corporation.
Other expenses and losses A non operating activities section of the income statement that shows expense from auxiliary operations and losses unrelated to the company’s operations.