Examlex
Forward integration is taking a step back on the value chain toward the raw materials.
Amortized
The gradual write-off of the initial cost of an asset or liability over a period, typically through regular payments or charges against earnings.
Intangible Asset
A non-physical asset possessing value, such as patents, trademarks, copyrights, and goodwill.
Fair Value
The estimated price at which an asset or liability could be traded in a fair transaction between willing parties, other than in a forced or liquidation sale.
Net Realizable Value
The estimated selling price in the ordinary course of business, minus any costs of completion, disposal, and transport.
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