UNRESTRICTED NET ASSETS
Unrestricted Net Assets are government-owned assets that have no external restriction with regards to their function but have commercial or exchange value. Unrestricted net assets may be used in any form accordingly by the government as seen in government accounting. Restricted assets are, naturally, the opposite of unrestricted net assets and have particular uses.
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SPDA
Single-premium deferred annuity (SPDA) is a kind of annuity contract. It is established by the owner by making a single-lump payment. The annuity p ...
Timber Investment Management Organization - TIMO
Investment management group regulating forestry and timber investments on behalf of institutional investors. Acting as a broker for their clients, ...
Okun Gap
This macroeconomic term explains the condition when an economy's potential gross domestic product (GDP) varies from its actual gross domestic p ...
BOB - Bolivian Boliviano
Currency abbreviation for the Bolivian boliviano, the official currency of Bolivia. Introduced in 1864, the currency is comprised of 100 centavos.< ...
Martin S. Feldstein
An accomplished economic professor and economist, President Emeritus of the National Bureau of Economic Research (NBER), and John Bates Clark Medal ...
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Renovate or Move?
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Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
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