Examlex
A single status may have multiple roles attached to it, constituting a
Net Realizable Value
The estimated selling price in the ordinary course of business, minus any costs of completion, disposal, and transport.
Going Concern
An accounting principle where it's assumed that a company will continue in business for the foreseeable future without the need to cease operations or liquidate assets.
Pledged Assets
Assets that are pledged as security or collateral for a loan or obligation, ensuring the lender has a claim to the asset in case of default.
Accounts Payable
Short-term obligations or debts a company owes to its suppliers or creditors.
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