Under the cost-sharing agreement, the sub will have to pay the parent $40m, as the subâs fraction of benefits from the patent are 40% = 2/5ths of the companyâs total benefits from the patent and the parentâs total cost of developing the patent was $100m.
An asteroid is a large, irregularly shaped object in space that orbits our Sun. If one of these giant rocks ends up on a collision course with Earth, we are in for big trouble. An asteroid is like a comet. However, while comets are mostly made of ice, asteroids are made up of rock or even metal. This makes them dangerous because they can cause a lot of damage if they collide with a planet.
Wiktionary(0.00 / 0 votes)Rate this definition: 1  asteroid(Noun) A naturally occurring solid object, which is smaller than a planet and is not a comet, that orbits a star. 2  asteroid(Noun) In the Solar system, such a body that orbits within the orbit of Jupiter. 3  asteroid(Noun) Any member of the taxonomic class Asteroidea; a starfish.