ECONOMIC EVENT Definition

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ECONOMIC EVENT is the transfer of control of an economic resource from one party to another party.

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INVOICE is a detailed list of goods shipped or services rendered, with an account of all costs; an itemized bill.

MARKET PRICE (MARKET VALUE), for securities sold on an exchange, is the last reported price at which the securi­ties were sold. For securities sold over-the-counter (OTC), the current price of the securities in the market.

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