ELIMINATION is the the act of removing a mathematical quantity by combining equations. This is common practice in accounting when consolidating financial reports; one example would be inter-company transactions, currency translations, and account balances.
OVERAGE is that amount, as in money or goods, that is actually on hand and exceeds the desired or listed amount in records or books. Also known as SURPLUS.
BOTTOM-UP APPROACH TO INVESTING is an investment approach that first seeks individual companies with attractive investment potential, then proceeds to a consideration of the larger economic and industry trends affecting those companies. See TOP-DOWN APPROACH TO INVESTING.
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