Examlex
Explain how Portugal's success drove the Spanish to explore lands overseas.
Fair Market Value
The price at which an asset or service would exchange between a willing buyer and seller, not under duress, in an open and competitive market.
Trading Securities
Financial securities bought and held primarily for the purpose of selling them in the near term to profit from price changes.
Balance Sheet
A report that details a company's financial status by listing its assets, liabilities, and owners' equity at a certain date, offering a foundation for calculating return rates and analyzing its financial framework.
Cost
The amount of money or resources expended to acquire an asset, produce a product, or carry out a service.
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