AGA Definition

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AGA is Association of Government Accountants.

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LITIGATION is legal proceeding in a court; a judicial contest to determine and enforce legal rights.

MARKET VALUE, in general, is the price at which buyers and sellers trade similar items in an open marketplace. In the absence of a market price, it is the estimated highest price a buyer would be warranted in paying and a seller justified in accepting, provided both parties were fully informed and acted intelligently and voluntarily. See also OPEN MARKET VALUE (OMV).

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