Examlex
Acceptable quality level (AQL) allows defects to occur within predetermined parameters.
Research And Development
The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.
Amortization
The process of spreading out a loan's payments over time, often relating to intangible assets as well.
Boot
A non-cash item given or received in a transaction to even out the value exchange, commonly used in the context of trade or real estate deals.
Similar Asset
An asset that has comparable characteristics and functionality to another asset, often considered when evaluating replacements or equivalents.
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