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Co-Own Business
A business jointly owned by two or more individuals or entities, sharing the responsibilities, profits, and losses.
Book Value
The net value of a company's assets minus its liabilities, often used to assess its financial worth.
Market Value
The present-day selling or buying price of an asset or service in a market.
Note Payable
A financial obligation or loan documented by a written promissory note specifying the principal amount, interest rate, and maturity date.
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