ELECTRONIC DATA PROCESSING Definition

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ELECTRONIC DATA PROCESSING (EDP) is the processing of information by computer as opposed to handwritten records.

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TANGIBLE BOOK VALUE is different than book value in that it deducts from asset value intangible assets, which are assets that are not hard (e.g., goodwill, patents, capitalized start-up expenses and deferred financing costs).

LOI see LETTER OF INTENT.

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