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Investment Portfolio
An assortment of financial assets including stocks, bonds, commodities, cash, and equivalents, such as mutual funds and exchange-traded funds (ETFs).
Preferential Tax Treatment
Special tax rules that result in a lower tax rate or beneficial tax conditions for certain types of income or taxpayers.
Accumulated Straight-Line Depreciation
The total amount of depreciation expense recorded for an asset over its useful life, calculated using the straight-line method.
Tax Bracket
The range of income taxed at a particular rate under a progressive tax system, with different brackets for different income levels.
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