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How did Russia's exit from the war affect the Western Front?
Initial Public Offering
The first sale of stock by a company to the public, marking the transition from private to public company.
Public Company
A corporation whose shares are publicly traded on stock exchanges, allowing investors to buy and sell shares.
Stock Exchange
A regulated market where securities, such as stocks and bonds, are bought and sold.
Economic Profit
Profit calculated by subtracting both explicit and implicit costs from total revenues.
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