| 单词 | preacquisition profit |
| 释义 | preacquisition profit preacquisition profit The retained earnings of one company before it is taken over by another company. Preacquisition profits should not be distributed to the shareholders of the acquiring company by way of dividend, as such profits do not constitute income to the parent company but are a partial repayment of its capital outlay on the acquisition of the shares. |
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