Examlex
One of the first nutritional surveys, taken before World War II, suggested:
Fair Market Value
The price that a property would sell for on the open market, between a willing buyer and a willing seller.
Trade-In Allowance
The value credited to a customer when they exchange an older item towards the purchase of a new item, often used in automotive and electronics sales.
Intangible Assets
Non-physical assets having a value with an indefinite life span, such as patents, trademarks, and goodwill.
Amortized
Amortized refers to the gradual reduction of a debt over a period of time through regular payments that cover both the loan interest and the principal amount.
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