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Interpret the following rhythm:
Equity
The residual interest in the assets of an entity after deducting liabilities, representing the ownership value held by shareholders.
Fair Value
The figure that represents either the income from an asset sale or the expense for settling a liability during a coordinated trade between market participants on the agreed upon date of appraisal.
Fair Value
An estimation of the price at which an asset or liability would be willingly exchanged between market participants at an arm's length transaction.
Consolidated Balance Sheet
A financial report that merges the assets, liabilities, and equity of a parent company with its subsidiaries, depicting them as one unified entity.
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