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Fair Value
The sum obtained from disposing of an asset or incurred when transferring a liability in a structured deal with market participants at the time of assessment.
Noncontrolling Interest
A share in the equity of a subsidiary not owned by the parent company, reflecting minority shareholders' interests.
Earnings
The profit a company generates during a specific period, typically reported as net income.
Consolidated Financial Statements
Consolidated financial statements are financial reports that combine the financial operations of a parent company and its subsidiaries into one comprehensive document.
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