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Book Closure

A temporary suspension period during which a company’s share transfer books are closed. It determines eligible shareholders for dividends, rights issues, or bonuses. During this period, share transfers are not recorded.

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Business Valuation

The process of determining the economic value of a business, used in sales, mergers, or fundraising.

Breakage

Revenue recognized from unredeemed gift cards, vouchers, or prepaid credits that customers never use.

BAS Agent

A professional registered with the Tax Practitioners Board authorized to prepare and lodge BAS on behalf of businesses.