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A theory of abnormal behaviour
Tax Gains
Refers to the profit that is taxable after selling an asset at a price higher than its purchase price.
Unused Debt Capacity
The additional amount a business or individual can borrow without harming creditworthiness, based on current financial obligations.
Spin-off
A corporate action where a company "spins off" a section as a separate business, leading to the creation of a new independent company.
Merger
The combination of two or more companies into a single entity, where one survives and the others cease to exist.
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