Examlex
Match the word or phrase with its definition.
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Market Value
The existing cost for buying or selling an asset or company in the market.
Taxable Income
The amount of an individual's or entity's income used to determine how much tax is owed, calculated by deducting allowable deductions and exemptions from gross income.
Tangible Asset
Physical and material assets that can be seen, touched, or quantified, such as machinery, buildings, and inventory.
Goodwill
The intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets.
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