Examlex
Changes in both cell shape and cell position occur extensively during
FMV
The fair market value, or the price that property would sell for on the open market between a willing buyer and a willing seller.
Complete Liquidation
The process of closing a business by selling all assets, paying off creditors, and distributing any remaining assets to shareholders or owners.
Basis
The amount of investment in property for tax purposes, used to determine the gain or loss on the sale, exchange, or other disposition of the property.
Ownership Interest
Ownership interest refers to the rights and claims an individual or entity has on a property or business, often represented in terms of shares or equity.
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