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Divide and simplify.
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Treasury Stock Approach
A method of accounting for repurchased shares of stock by reducing the total available shares in the market, often affecting the calculation of earnings per share and other metrics.
Patent
A government-granted right giving an inventor exclusive rights to make, use, or sell an invention for a certain number of years.
Amortized
The gradual reduction of a debt over a specified period of time by making regular payments of principal and interest.
Fair Value
A measure of the worth of an asset or liability, based on its current market price or the price it would fetch in an orderly transaction at the measurement date.
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