These are the four characteristics used to determine a diamond’s value. The four Cs are:
- Cut refers to the diamond's reflective properties.
- Clarity refers to the occurrence of inner flaws or inclusions in the diamond.
- Color refers to the presence or absence of a diamond's color. Colorless diamonds allow more light to pass through than colored diamonds.
- Carat refers to the weight of the diamond. Larger diamonds are exponentially more valuable because of their rarity.
Debt Distance is the cancellation of a debt. Debt discharge results in taxable income to the debtor unless the forgiveness is a gift or bequest. Wh ...
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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A binding promise from a lender that a loan amount will be drawn down or to be contractually funded at a specified interest rate, certain period, a ...
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
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