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Definition of "Fiscal Value" |
Fiscal value is a term that is used to identify the worth of value of a record in terms of providing documentation for some type of financial transaction. Typically, records that have this type of value are maintained at least until the business or transactions relevant to those documents have been completed. At that point, the documents with fiscal value may be coded and filed away in hard copy form, or archived in an electronic format, allowing them to be easily retrieved in the future if necessary. |
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