Examlex
The doctrine of precedent is a basic principle of the case law system that requires a court to follow a previous decision of that court or a higher court in the same jurisdiction when the current case involves issues and key facts similar to those involved in the previous decision.
iTunes Download
The action of obtaining digital media files, including music and applications, from Apple's iTunes Store.
Marginal Cost
The cost incurred by producing one more unit of a good or service.
Marginal Benefit
The gain in satisfaction or utility that comes with the consumption of another unit of a product or service.
Streetlights
Artificial outdoor lighting devices installed on poles, used to illuminate streets and public areas during the night for safety and convenience.
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