STATED VALUE Definition

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STATED VALUE is the per share value sometimes assigned to no-par stock by the corporation.

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CREDITORS TURNOVER = Average creditors / (Credit Sales / 365).

SECURITIZATION is the process of creating a pass-through, such as the mortgage pass-through security, by which the pooled assets become standard securities backed by those assets. Also, refers to the replacement of non-marketable loans and/or cash flows provided by financial intermediaries with negotiable securities issued in the public capital markets.

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