APE Definition

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APE is Account Period Ending (Normally followed by the date the accounting period ends). See also Accounting Period.

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ASSET is anything owned by an individual or a business, which has commercial or exchange value. Assets may consist of specific property or claims against others, in contrast to obligations due others. (See also Liabilities).

EARNING CAPACITY is the net average earnings at a given moment in time: past, current or future.

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