Examlex
Police officers are allowed discretionary powers because they may find themselves in danger of physical harm and must be allowed to take reasonable steps to protect themselves.
Equity Method
An accounting technique used to record investments in other companies where the investor has significant influence but does not fully control the company, typically 20%-50% ownership.
Proportionate Share
An individual's or entity's part or share of something in relation to the whole, usually expressed as a percentage.
Held-to-maturity
Held-to-maturity refers to an investment strategy where the investor intends to hold a financial asset until its maturity date.
Fair Value
The estimated market price at which an asset or liability could be bought or sold in a transaction between willing parties.
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