ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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FORCED LIQUIDATION VALUE Definition

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FORCED LIQUIDATION VALUE is the value at which the asset or assets are sold as quickly as possible, such as at auction.

 

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O&M is an acronym for either Operations & Maintenance or Operations & Management.

PAYABLE is an amount awaiting payment to be made, e.g. interest payable or taxes payable.


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