PRUDENCE Definition

PRUDENCE is having foresight and caution along with discretion, and to not act recklessly.

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COST OF GOODS SOLD (COGS) is a figure representing the cost of buying raw material and producing finished goods. Included are precise factors, i.e. material and factory labor; as well as others that are variable, such as factory overhead.

CAPITAL MARKET is a market where equity or debt securities are traded.

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