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Y2K compatibility issues arose because computers kept dates in mm/dd/yy type formats.
Accredited Investor
An individual or entity recognized as capable of investing in certain types of high-risk financial products, based on income, net worth, or professional experience.
Net Worth
The total value of an individual's or entity's assets minus liabilities, representing the financial health or wealth at a point in time.
Income
The monetary payment received for goods or services, or the earnings from investment over a particular period of time.
Equity Financing
The sale of shares of stock in exchange for cash.
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