BAY Definition

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BAY, in business / accounting, means Buy Another Yearly.

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B as the fifth letter of a Nasdaq stock descriptor specifies that the stock issue is Class B shares of the company.

SALVAGE VALUE is: a) Realizable value of a fixed asset after deducting costs associated with its sale; b) Scrap value or the value to a junk dealer; or c) The amount remaining after all depreciation has been deducted from the original cost of a depreciable asset.

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