CAPITAL ACCOUNT Definition

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CAPITAL ACCOUNT, in finance, is an account of the net value of a business at a specified date; in economics, it is that part of the balance of payments recording a nations outflow and inflow of financial securities.

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BOTTOM UP is a concept of analyzing a subject, such as costs or revenue, starting from the lowest level working towards the top.

UNLIQUIDATED can mean: not liquidated; not exactly ascertained; not adjusted or settled.

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