Examlex
Explain the meaning of the terms, cost and market, as used in the application of the lower-of-cost-or-market rule.
Share Split
A business move where a company splits its current shares into additional ones to increase the shares' marketability.
Share Price
The current market price of a single share of a company's stock.
Reverse Stock Split
A corporate action in which a company decreases the number of its outstanding shares to increase the share price without changing the company's market capitalization.
Market Value
The ongoing cost at which a service or asset is being exchanged in the market.
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