Examlex
List four types of discounts.
Market Value
The existing market price for buying or selling an asset or service.
Net Realizable Value
The value of an asset that can be realized upon its sale minus a reasonable estimate of the costs associated with either its sale or disposal.
Equity Securities
Financial instruments that represent ownership in a corporation, such as stocks, granting holders a proportion of the corporation's assets and profits.
Preferred Stocks
A class of ownership in a corporation with a higher claim on assets and earnings than common stock, usually with dividends that are paid out before common stock dividends.
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