Examlex
WorldCom CEO Bernie Ebbers is in prison for siphoning off billions of dollars to support an extravagant lifestyle and bankrupting the company in the process.
British Pound
The currency of the United Kingdom, widely used in international finance and trade.
Production Materials
Raw materials and components used in the manufacturing process to create finished goods.
Held-To-Maturity
A categorization for investments in fixed income securities that the investor intends and is able to hold until the date of maturity.
Fair Value Method
An accounting approach used to assess and report the value of certain assets and liabilities at their current market prices.
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