Examlex
The fund balances of a federal reporting entity should be separated into unexpended appropriations, restricted appropriations, and cumulative fund balance.
Assumes Liability
The act of taking on legal responsibility or debt from another party, often occurring in business acquisitions or financial agreements.
Amount Realized
The total sum received from a transaction, including money and the fair market value of any property or services received, before subtracting any costs.
Holding Period
The duration of time an investor holds onto an asset or investment before selling it.
Asset
A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
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