Examlex
The first step in accounting for an asset disposal is to calculate the gain or loss on disposal.
Markdown
A reduction from the original or retail price of goods to increase sales or clear inventory.
Competitor
An individual or company that competes against others for the same market share or audience in an industry.
Quick Sale
A quick sale refers to the rapid sale of assets, typically real estate, often at a lower price to ensure a fast transaction.
Sale Price
The final price at which an item is sold after any discounts or deductions have been applied.
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