Examlex
Valence bond theory explains the bonding in diatomic molecules such as HCl without resorting to the use of hybrid orbitals.
Projected Benefit Obligation
A measure of the present value of future pension benefits owed to employees, calculated based on their expected future salary increases.
Discount Rate
The interest rate used in calculating the present value of future cash flows; reflects the risk and the time value of money.
IFRS
The International Financial Reporting Standards are a set of accounting principles used internationally to ensure financial statements are comparable across international boundaries.
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