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Patent
A legal right granted by a government authority that gives an inventor exclusive rights to use, make, and sell an invention for a certain period of time.
Significant Influence
The capacity of an investor to participate in the financial and operating policy decisions of an investee but not control those policies.
Equity Method
An accounting technique used by firms to assess the profits earned from their investments in other companies by reporting these profits as income.
Fair Value Method
An accounting approach that assesses assets and liabilities at their current market value rather than historical cost.
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