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Term of the Day
trading below cash
trading authorization
trading book
Definition
Refers to a
company
where the
value
of
cash on hand
, minus any
debts
, is greater than the
total
value of all
shares
of company
stock
. This may
indicate
that the company is experiencing
financial
problems or other
issues
that are affecting the
share price
.
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Popular 'Accounting' Terms
current ratio
equity
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