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Investment
The allocation of resources with the expectation of generating an income or profit.
Present Value
The value today of a sum of money or sequence of cash flows expected in the future, calculated using a designated interest rate.
Contingent Liabilities
Possible obligations that might arise from past events and whose existence will be confirmed only by the occurrence or non-occurrence of one or more future events.
U.S. GAAP
Generally Accepted Accounting Principles in the United States, a framework of accounting standards, principles, and procedures.
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