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Goodwill Impairment
An accounting process involving the reassessment of the value of goodwill on the balance sheet and reducing it if its market value has declined below the carrying value.
Noncontrolling Interest
Noncontrolling interest is a financial stake in a subsidiary held by investors other than the parent company, reflecting their share of the subsidiary's net assets and earnings.
Goodwill
The excess value paid for a company over its net asset value, reflecting intangible assets such as brand reputation, customer relationships, and intellectual property.
Acquisition-Date
The specific date on which one entity gains control over another, which is crucial for recognizing and measuring the assets acquired, liabilities assumed, and any noncontrolling interest.
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