BLOCKAGE DISCOUNT Definition

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BLOCKAGE DISCOUNT ia an amount or percentage deducted from the current market price of a publicly traded security to reflect the decrease in the per share value of a block of those securities that is of a size that could not be sold in a reasonable period of time given normal trading volume.

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LRIC is an acronym for Long Run Incremental Cost. A service costing methodology used primarily in the telecommunications industry.

OPERATING PROFIT is Gross Profit minus Operating Expenses.

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