Examlex
The limits of interest groups' influence might be gauged by the Democratic backlash against the ________,which tried to block the North American Free Trade Agreement in 1993.
Pension Expense
An accounting charge representing the cost to a company of providing retirement benefits to employees during a particular time period.
Projected Benefit Obligation
An actuarial measure of the present value of pension benefits owed to employees, accounting for projected salary increases.
Service Cost
The actuarial present value of benefits attributed to employee service during a period, often recognized in pension expense accounting.
Settlement/Discount Rate
The interest rate used in calculating the present value of future cash flows when assessing the value of financial instruments or liabilities.
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