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Foreign Subsidiary
A company that is owned or controlled by another company (parent company) and is located in a different country.
Functional Currency
The form of money prevalent in the primary financial setting where an organization conducts its operations and accrues cash flows.
Common Shares
Securities representing ownership in a corporation, providing voting rights and entitling holders to a share of the company's success through dividends and appreciation.
Hyper-Inflationary
Refers to an economic situation characterized by extremely high and typically accelerating inflation rates, leading to a rapid erosion of the currency's value.
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