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Trading Securities
Financial instruments that are purchased and held primarily for sale in the near term to generate income on short-term price differences.
Fair Value
The estimated price at which an asset or liability could be traded in an orderly transaction between market participants at the measurement date.
Trading Securities
Financial assets that a company holds for the purpose of selling them in the short term to generate profit.
Fair Value
An estimated market value of an asset or liability, based on current prices in an active market or valuation techniques.
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