FORCED LIQUIDATION VALUE Definition

FORCED LIQUIDATION VALUE is the value at which the asset or assets are sold as quickly as possible, such as at auction.

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AVERAGE COST METHOD is using a weighted average cost for items in inventory rather than actual cost for each specific item.

MERCHANT BANK is a specialized bank that offers investment services, corporate advice, trade and project finance, exchange rate dealing, etc to their clients worldwide. Sometimes also acts as an issuing bank for stocks and bonds, and can also advise companies involved in mergers.

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