Examlex
A Revenue Ruling is a judicial source of Federal tax law.
Unrealized Gain
Profits that have been earned on paper from an investment but have not been realized through a sale, and thus are not included in the income statement until realized.
Amortization
The gradual reduction of a debt or the allocation of the cost of an intangible asset over a period of time.
Fair Value Increments
Adjustments made to the book values of assets or liabilities to reflect their fair value at the time of acquisition in a business combination.
Bargain Purchase
A situation where the purchase price of a company is less than the fair value of its net identifiable assets.
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