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4 September, 09:44

A decrease in the fair value of a security that has not yet been realized through an actual sale of the security is called a (n) :

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  1. 4 September, 10:06
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    Contingent loss

    Explanation:

    A loss that could potentially occur depending on if an event happens or not. For example potential law suit, product warranties, etc. The loss and liability is recorded with a journal entry only when the loss is expected and the amount can be roughly calculated.
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