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Income Tax Write-Off
An income tax write-off refers to a deduction that lowers a person's or entity's taxable income, reducing the tax owed by recognizing expenses or losses.
Debt Or Equity Securities
Financial instruments representing a loan made by an investor to a borrower or ownership interests in a company or entity, respectively.
Investment Account
An account held at a financial institution that holds investments such as stocks, bonds, mutual funds, and other assets for investors.
Equity Methods
An accounting technique used to record investments in other entities where the investor has significant influence over the investee but does not have full control.
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