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Why are banks able to pay such low interest rates on customer deposits?
Assets
Economic resources owned or controlled by a business, viewed as having value and expected to provide future benefits to the operations.
Profits
The net income received by a company after deducting all expenses, taxes, and costs.
Unrealized Gain
Profit that has been made on paper from investments but has not yet been converted to cash by selling the asset.
Commercial Substance
A characteristic of a business transaction that leads to a change in the cash flows of the entity, indicating that the change has a significant economic effect.
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