Examlex
How were Oscar Micheaux's films different from standard Hollywood fare?
Book Value
The net value of a company's assets minus its liabilities, often used to assess whether a stock is under- or over-valued.
Sham Exchanges
Transactions with no substantive economic reality, designed to give the appearance of legitimate business activity, often for deceptive purposes.
GAAP
Generally Accepted Accounting Principles, a set of accounting standards and procedures used in the United States for financial reporting.
SEC
The Securities and Exchange Commission, a U.S. government agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.
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