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Category: A

Assumable Mortgage

Definition An assumable mortgage is a type of financing arrangement in which the outstanding mortgage and its terms can be transferred from the current owner

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Assurance

Definition Assurance, in financial terms, is a guarantee or pledge made by a company, often an insurance company, to provide compensation for a specific loss,

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Assortment Strategies

Definition Assortment strategies refer to a company’s approach to managing and optimizing the variety of products or services it offers to customers. It involves selection

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Asset Turnover Ratio

Definition The Asset Turnover Ratio is a financial metric that helps evaluate a company’s efficiency in using its assets to generate revenue. It is calculated

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Asset Valuation

Definition Asset valuation is the process of determining the fair market or current value of assets, ranging from real estate to company equipment. It involves

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Assurance Services

Definition Assurance services refer to financial services provided by certified professionals to assess the validity and reliability of information or procedures. This can include reviewing

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Asset Swap

Definition An asset swap is a derivative contract through which two parties exchange cash flows or liabilities from two different assets. Usually, at least one

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Audit

Definition An audit is a thorough examination of an entity’s financial records and transactions, often conducted by an external party. It evaluates the accuracy of

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