ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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MARGINAL PROFIT is the change in the total profit that results from the sale of an additional unit.

PERSONAL EQUITY is that portion of equity ownership that is held to ones own benefit or invested as an integral part of the assets of a legal entity.

ESCHEAT is the reversion of property to the state (government) in the absence of legal heirs or claimants.

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