Examlex
The TRACE program creates:
Trading Investment
Securities bought and held primarily for selling in the near term to generate income on short-term price differences.
Carrying Amount
The value at which an asset is recognized on the balance sheet after deducting accumulated depreciation or amortization.
Investment Account
A financial account held at a financial institution that is used for the purpose of holding and managing investments such as stocks, bonds, mutual funds, and other assets.
Equity Method
An accounting technique used by a company to record its investment in another company when it has significant influence over that company but does not fully control it.
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