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What are the basic differences between a cellphone and a smartphone?
Trading Securities
Financial assets such as stocks or bonds, purchased with the intention of selling them in the short term to profit from price fluctuations.
Face Value
The nominal or original cost of a bond, share, or financial instrument as stated by the issuer.
Amortized
The process of gradually writing off the initial cost of an asset or paying down a debt over a period of time through regular payments.
Available-For-Sale Securities
Securities that management expects to sell in the future but which are not actively traded for profit.
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