PORTFOLIO Definition

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PORTFOLIO is a term for describing all the investments that an entity owns. A diversified portfolio contains a variety of investments.

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LOT can be: 1. A group of items which are bought or sold together; 2. Multiple shares held or traded together, usually in units of 100; or, 3. A parcel of land.

BOOK-TAX DIFFERENCE is pretax book income minus tax net income.

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