Examlex
Passive losses normally can be used to offset other passive income such as interest and dividends.
Partial Equity Method
An accounting approach used when an investing entity owns a significant but not controlling stake in another company, recognizing income based on the proportionate share of the investee's earnings.
Investment Account
A financial account held at a financial institution that holds securities, such as stocks or bonds, for investment purposes.
Goodwill Impairment
An accounting charge that companies record when the value of goodwill on the balance sheet exceeds the tested fair market value.
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