Examlex
What is stare decisis? Discuss its place in the American legal system.
Net Present Value
A calculation that compares the value of all future cash flows of a project, discounted back to the present, to the initial investment.
Discount Rate
In finance, it's the interest rate the Federal Reserve charges banks for borrowing funds, used to control money supply.
Net Present Value
A method used in finance to assess the profitability of an investment by calculating the present value of its expected future cash flows minus the initial investment cost.
Investment
The action of allocating resources, usually money, with the expectation of generating an income or profit.
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