Examlex
According to the text, basic and applied research should be viewed as:
NPV
Net Present Value is a financial measure that computes the variance between the present value of cash inflows and outflows within a specific timeframe.
T-bills Yield
The return on investment for U.S. Treasury bills, being a measure of the interest income earned from holding these government securities.
Collect Funds
The process of gathering or accumulating money from different sources or transactions.
Flexible Cash
Funds that are readily available for use without restrictions or conditions, allowing for immediate allocation or investment.
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