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Present Value
The current value of a future amount of money or stream of cash flows given a specified rate of return.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.
Capitalized Lease
A lease agreement accounted for as an asset and liability on the balance sheet, indicating ownership-like characteristics.
Lessee
The party in a lease agreement who obtains the right to use an asset in exchange for periodic lease payments.
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