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What is the rationalization of social life? How does it relate to the development of modern organizations?
Fair Value
The estimated price at which an asset would exchange hands between a willing buyer and seller, neither being under any pressure to act.
Available-for-sale Securities
Financial assets that are purchased with the intention of selling them before they reach maturity, if beneficial.
Fair Value
Fair Value is an accounting term used to describe the estimated price of an asset or liability that would be agreed upon in an orderly transaction between market participants at the measurement date.
Exchange Rate
The rate at which one currency can be exchanged for another, often influenced by factors such as economic conditions, interest rates, and geopolitical stability.
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