Examlex
The TODAY function returns the current date's serial number (based on the computer's internal clock). _________________________
Pro Rata Distribution
Pro rata distribution is a method of allocating a proportional amount or share of something such as dividends, assets, costs, or liabilities among all parties based on their respective shares.
FMV
Fair Market Value, the price that property or an asset would sell for on the open market under current conditions.
Basis
The original value or cost of an asset for tax purposes, used to determine capital gains or losses.
FMV
Stands for Fair Market Value, which is the price an asset would sell for on the open market, where both buyer and seller have reasonable knowledge of the asset and are willing to trade without pressure.
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