OTHER NON-CURRENT ASSETS Definition

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OTHER NON-CURRENT ASSETS are prepaid items and any other non-current assets.

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ITC is International Trade Commission, Investment Tax Credit, Input Tax Credit (Canadian GST refund for businesses), etc.

GOING LONG is the purchase of commodities, bonds, or stock with no immediate intention of selling them, i.e. the purchase is for long term investment or speculation. See GOING SHORT.

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