Examlex
The abbreviation UCR stands for __________.
Fair Values
The estimated market value of an asset or liability, based on current prices in an open and competitive market.
Credit Balance
A situation in accounting where the sum of credits in a ledger account exceeds the sum of debits. It often indicates an amount owed to the account holder.
Contingency Payment
A payment that is contingent upon the occurrence of a specific event, not guaranteed to happen.
Common Stock
A form of corporate equity ownership, a type of security that represents ownership in a corporation, giving shareholders voting rights and a share in the company's profits via dividends.
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