A&M Definition

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A&M is Additions and Maintenance.

Learn new Accounting Terms

DISCOUNT FOR THE LACK OF CONTROL is an amount or percentage deducted from the pro rata share of value of one hundred percent (100%) of an equity interest in a business to reflect the absence of some or all of the powers of control.

WIDGET is a device that is very useful for a particular job. Often used within a name of a fictitious company.

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