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When phenol dissolves in water, it functions as
Investment
The allocation of resources (such as capital or time) with the expectation of receiving future returns.
Fair Value
The price that would be received for an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
Unrealized Profits
Profits that have occurred on paper due to an asset's increased value but have not yet been cashed in by selling the asset.
Realized Profits
Refers to the gains earned and received from the sale of assets or investments, distinguished from those merely existing on paper.
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