Examlex
How could the availability of genetic screening lead to loss of privacy?
Book Value
Book value represents the value of an asset according to its balance sheet account balance, taking into account the original cost minus depreciation, amortization, or impairment costs.
Amortized
Adjusted through gradual reduction of the loan balance or asset value over time by making regular payments that cover both principal and interest.
Goodwill
An intangible asset that arises when a business is purchased for more than the fair value of its net identifiable assets.
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