Examlex
________ is defined as a mineral's resistance to scratching.
Readily Available
Something that is easily obtainable or accessible whenever needed.
Payback Period
The duration of time it takes to recoup the cost of an investment.
Discounted Payback
A capital budgeting method that calculates the time required to break even from an investment based on its discounted cash flows rather than just the nominal cash flows.
Liquid Investments
Assets that can be quickly and easily converted into cash without significant loss in value, like stocks and bonds.
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