Examlex
Work specialisation and division of labour are synonymous.
Fair Value
A measure of the estimated price at which an asset could be bought or sold or a liability settled, under current market conditions.
Passive Investments
Investments in which the investor does not actively manage or influence the operation of the asset, such as stocks or mutual funds.
Equity Securities
Financial instruments representing ownership interest in a company, such as stocks, which can yield dividends and capital gains.
Goodwill
An accounting value assigned to the reputation, customer loyalty, or other factors enabling a business to earn higher profits than expected from its assets alone.
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