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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.
Valuation Allowance
A reserve set aside against deferred tax assets due to uncertainty regarding their realization in the future.
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