UNAPPROPRIATED PROFITS Definition

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UNAPPROPRIATED PROFITS are those profits that have been withdrawn from a business by its proprietors or appropriated for any other purpose.

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ENHANCED DISCLOSURE, in securities, is an in-depth open disclosure of any activity taken or proposed by the securities issuer that may have any relevance, positive or negative, to the securities in question.

PRIVATE CORPORATION is a corporation that ownership is held by the private sector, i.e. individuals or companies.

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