CASH-CARD Definition

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CASH-CARD is a credit card that entitles the holder to receive cash.

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VOLATILITY RISK is the risk that a specific security price will increase or decrease by greater increments than the general market.

NET OF TAXES means the effect of applicable taxes (usually income taxes) has been considered in determining the overall effect of an item on the financial statements. The phrase is used when a company has items that must be disclosed in a separate section. Each such item should be reported net of the applicable taxes.

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