EI&DO Definition

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EI&DO is Extraordinary Items and Discontinued Operations.

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INHERITANCE TAX is a tax charged on the passing of wealth from one person to another, either during life or at death.

ENCUMBERED is when an asset is owned by one party subject to the legal claims of another party. One example is a homeowner that owns a home that is subject to (encumbered by) the claims of the mortgage holder.

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