APPROPRIATE / APPROPRIATED / APPROPRIATION Definition

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APPROPRIATE / APPROPRIATED / APPROPRIATION is distribution of net income to various accounts and / or the allocation of retained earnings for a designated purpose, e.g. plant expansion.

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APIC is an acronym for Additional Paid-In-Capital (finance/business).

CHURN RATE is the percentage of customers (e.g., cellular telephone subscribers) that cancels their service per month.

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