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In the "imitation lag" hypothesis,
Fixed Asset
Long-term tangible property that a firm owns and uses in producing its income and is not expected to be consumed or converted into cash in short-term.
Market Value
Market value is the current price at which an asset or service can be bought or sold in the open market.
Prepaid Expense
An expense paid in advance of its due date, recorded as an asset on the balance sheet until the benefits are realized or the service period expires.
Magazine Subscription
A magazine subscription is an agreement to receive or gain access to periodic issues of a magazine over a specified period, usually in return for a payment.
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