FINANCIAL BUDGET Definition

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FINANCIAL BUDGET is focused on capital expenditures and on a business's budgeted cash position:

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ECONOMIC DEPRECIATION is the decline in real estate property value caused by external forces, such as neighborhood blight or adverse development.

EXEMPTED SECURITY is a security that is exempted from SEC regulations, including margin rules. Such securities include U.S. Treasury and government agency securities and municipal securities designated by the SEC.

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