INTERIM STATEMENT Definition

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INTERIM STATEMENT is a financial report covering only a portion of a fiscal year (prepared by accountants, but usually unaudited). Quarterly statements from publicly traded companies are one example of an interim statement. Interim statements are not as detailed or as exact as annual statements.

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CFC is Controlled Foreign Corporation.

FACE VALUE is the value printed or written on the face of a asset, e.g. on a bill or bond.

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