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The most significant impact parents can have on their children is by acting as
Estimated Residual Value
The anticipated market value of an asset at the end of its useful life.
Depreciated
Refers to the reduction in the recorded cost of a fixed asset in a systematic manner over its useful life.
Patent Impairment
Refers to the decrease in the value of a patent, often due to technological advances, legal issues, or changes in market demand.
Amortization
The gradual repayment or write-off of an intangible asset or loan balance over a set period.
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