NET TANGIBLE ASSET VALUE Definition

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NET TANGIBLE ASSET VALUE is the value of the business enterprise's tangible assets (excluding excess assets and non-operating assets) minus the value of its liabilities.

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DEDUCTION is the act of deducting; subtraction. It is an amount that is or may be deducted, e.g. tax deductions.

KEOGH is a pension plan in the United States that allows a business to contribute a portion of profits into a tax-sheltered account.

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