LOSS, in finance, is when expenses exceed sales or revenues, i.e. goods or services are sold for less than their cost.
BEST BID is the highest quoted bid of all competing Market Makers to buy a particular stock at any given time.
ASSET REVERSION is asset recovery by the sponsoring employer through termination of a defined benefit pension fund and/or of assets in excess of amounts required to pay accrued benefits of a pension fund. In the U.S., assets recovered through reversion are subject to corporate income tax and an excise tax.
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