Examlex
In this type of justice, playing by a set of predetermined, mutually agreed upon, fair rules is what is important.
Carrying Value
The value of an asset as it appears on a balance sheet, equal to the cost of the asset minus accumulated depreciation or amortization.
Purchase Price
The amount of money paid to acquire an asset, product, or service, or the total cost involved in a transaction.
Open Bond Market
A freely competitive market where participants can buy and sell bonds.
Consolidation Process
The consolidation process involves combining the financial statements of a parent company and its subsidiaries into one set of financial statements, presenting it as if the group of companies is a single entity.
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