true - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “true”

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true

adjective [before noun]
 
 
/truː/ ACCOUNTING
used to describe the final total amount of something after extra costs or payments have been added or taken away: You will need to convert the prices into dollars to see the true cost. It is illegal to hide transactions or to otherwise misrepresent the true value of a business. They bought in haste and without calculating the true cost of purchase.
(Definition of true from the Cambridge Business English Dictionary © Cambridge University Press)
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