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India's caste system is slowly being replaced by a system marked by…
Capital Leases
A capital lease is a lease classified as an asset purchase for accounting purposes, whereby lessee records the leased asset as if it was bought.
Financing Leases
Long-term lease agreements that are categorized as a means of financing the acquisition of assets.
Civil Society
A realm of organized social life that is voluntary, self-generating, self-supporting, autonomous from the state, and bound by a legal order or set of shared rules.
Fortunate Fifth
Refers to the top 20% of the population in terms of income or wealth, often highlighted in discussions of economic inequality.
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