Examlex
A penny stock generally sells for a low initial price, pays regular dividends, and provides consistent growth in the stock's value.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since it was acquired.
Fair Value
The estimated market value of an asset or liability, reflecting what a willing buyer would pay a willing seller in an arm's length transaction.
Salary Allowance
An agreed amount of money paid regularly to an employee on top of their salary for specific purposes, such as travel or housing.
Expired Insurance
The portion of an insurance premium that represents coverage for a past period.
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