Examlex
Expenditures that increase operating efficiency or capacity for the remaining useful life of a fixed asset are called capital expenditures.
Social Security
A government program designed to provide financial assistance to retirees, disabled individuals, and survivors of deceased workers, aiming to reduce poverty in old age.
Baby Boom
The Baby Boom refers to the dramatic increase in birth rates in the post-World War II period, particularly noticeable in the United States, Canada, and Australia, leading to significant demographic changes.
Life Expectancy
The average period that an individual is expected to live, statistically determined based on various factors including country, age, gender, and health conditions.
Supreme Court Justice
A member of the U.S. Supreme Court, the highest federal court in the United States, appointed for life by the president with Senate confirmation.
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