ZLOTY (ZLOTE, ZLOTYCH, ZLOTÃ“WKA) Definition

ZLOTY (ZLOTE, ZLOTYCH, ZLOTÃ“WKA) is a currency of Poland.

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NON-CURRENT ASSETS includes PPE (property, plant and equipment) as opposed to current assets which includes cash, cash equivalents (e.g. securities, short-term notes, etc.), inventory and accounts receivable.

DEMUTUALIZATION refers to the de-mutualizing of an insurance company. The proceeds from such an event are normally distributed to the policyholders in the form of cash, shares, or a combination thereof in the surviving entity.

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