Examlex
An application server provides basic functionality for receiving and responding to requests from browsers.
Depreciation Tax Shield
The reduction in income tax that results from the allowance for depreciation, which can be considered a non-cash expense that decreases taxable income.
Equivalent Annual Cost
Equivalent annual cost is a financial analysis tool used to compare the cost effectiveness of different projects or investments with differing lifespans by calculating their equivalent cost per year.
EAC
Equivalent Annual Cost, a financial analysis tool used to compare the cost effectiveness of different investments or projects over their lifecycles.
Compute
To calculate or process information using a computer or mathematical methods.
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