Examlex
No act of performance is required to create a bilateral contract.
Anticipated Annual Incremental
Expected yearly increases in revenue or benefits as a result of a particular action or investment, not considering future inflation or changes in currency value.
Salvage Value
The anticipated market value of an asset after its period of utility has ended.
Payback Period
The duration required for an investment to produce income or cash flow that matches the investment's initial cost.
Incremental Net
The net change in financial outcomes resulting from a particular decision or action, considering only the relevant costs and benefits.
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