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-Joseph de Maistre and conservatism
Income From Operations
The profit realized from a business's ongoing, core business activities, excluding deductions of interest and taxes.
Invested Assets
Resources or funds committed to investments in securities, real estate, or other vehicles with the expectation of earning returns.
Negotiated Price
The final price agreed upon by both the buyer and the seller after a process of negotiation, which may involve discounts or modifications from the original price.
Decentralized Units
Operational segments of a larger organization that operate semi-independently, often with their own decision-making authority.
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