VALUE Definition

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VALUE is a term that defines the worth of a thing. The term is usually preceded by the word, or words such as Fair" or "Fair Market", and it is usually defined in the document where it is found. Not all value for an item is the same, i.e. value is usually perceived.

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WORKING CAPITAL RATIO is working capital expressed as a percentage of sales.

SECURED TRANSACTION is the right to repossess goods as security for payment of a debt.

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