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Within the instructed delegate model, elected representatives act
Fair Value
The estimated market value of an asset or liability, based on current market conditions rather than historical cost.
Trading Securities
Financial assets such as stocks or bonds, bought and held primarily for the purpose of selling them in the near term to realize short-term gains.
Fair Value
An estimate of the market value of an asset or liability, reflecting the amount for which it could be exchanged or settled between knowledgeable, willing parties in an arm's length transaction.
Retained Earnings
Profits that a company has reinvested into the business rather than distributing to shareholders as dividends.
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