WORTH Definition

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WORTH is an indefinite quantity of something having a specified value.

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DEPRECIATION RESERVE in the process of allocating the cost of a fixed asset over its effective service life in a systematic and rational manner (depreciation schedule), the value of each depreciable asset is reduced by its depreciation amount. To match this, the depreciation amounts are added to a "depreciation reserve" in the long-term liabilities.

FORWARD PREMIUM is when a currency trade forward price is higher than its spot price.

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