PUBLIC CORPORATION Definition

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PUBLIC CORPORATION is a corporation formed by federal, state or local governments for specific public purposes.

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RUPEE is a currency of Ceylon, India, Mauritius, Nepal, Pakistan, Seychelles, Sri Lanka, and Zanzibar.

APPRECIATION is the increase in the value of an asset in excess of its depreciable cost, which is due to economic, and other conditions, as distinguished from increases in value due to improvements or additions made to it.

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