Examlex
The duty of fair representation created by the NLRA and the LMRDA requires that:
After-Tax Discount Rate
The rate used to discount future cash flows to their present value after accounting for taxes.
Depreciation Tax Shield
A reduction in taxable income resulting from the allowance for depreciation expenses on assets.
Net Advantage
The benefit or advantage one entity has over competitive entities, often assessed in terms of efficiency, cost, or market position.
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