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单词 bargain sale
释义

bargain sale


Translations

Bargain Sale


Bargain Sale

The sale of an asset for less than fair market value with the intent of making a charitable contribution. For example, a grocery store may make a bargain sale if it sells food to a homeless shelter for $5,000 when it is worth $15,000. In this case, the grocery store may take a tax deduction for $10,000 (the difference between the sale price and the market value).
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更新时间:2025/1/31 15:01:59