OTHER LONG-TERM ASSETS Definition

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OTHER LONG-TERM ASSETS includes long-term assets not included into the investments, fixed, or intangible assets categories. Those other assets may be that part of prepaid expenses that will start expiring more than a year after the balance sheet date, or the cash surrender value of life insurance on company officers, etc.

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CRUT is an acronym for Charitable Remainder Unitrust.

MEDIAN is the value of the midpoint variable when the data are arranged in ascending or descending order.

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