Outrageously Funny Search Suggestion Engine :: Emollience

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What is the definition of Emollience? 🙋

👉 Emollience is a term used in accounting to denote a reduction of a company's assets or liabilities due to a change in market conditions. It occurs when the value of an asset decreases and the value of its corresponding liability increases, resulting in an overall decrease in the company's net worth. Emolliences are typically reported as part of a company's financial statements, which include both income and expenses for the period under review.


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