Examlex
Facebook's Beacon effort was a failure largely because it was "opt-out" instead of "opt-in."
Carrying Amount
The value at which an asset or liability is recognized on the balance sheet, calculated as historical cost minus accumulated depreciation or amortization and impairment losses.
Legal Obligations
Commitments or duties bound by law that require an individual or company to act or refrain from acting in a certain manner.
Other Comprehensive Income
Earnings derived from non-operational activities that are not included in net income, recorded in equity.
Revaluation
Revaluation is an adjustment to the carrying value of a currency, asset, or liability to reflect its current market value.
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