CORE BUSINESS Definition

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CORE BUSINESS is the sector(s) of business activity that is the reason or purpose for being, e.g. providing communications services within a telephone company would be considered core, while real estate holdings and the securities investment portfolio will likely be considered non-core business activities.

Learn new Accounting Terms

YANKEE CD is a Certificate of Deposit issued in the United States through the branch of a foreign bank, but denomi­nated in U.S. dollars.

ACCELERATED DEPRECIATION is a method of calculating depreciation with larger amounts in the first year(s).

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