Examlex
The NPV method is based on the assumption that projects' cash flows are reinvested at the project's risk-adjusted cost of capital.
Volatile Substance
A substance that easily evaporates at normal temperatures and pressures, often creating potential hazards such as flammability or health risks when inhaled.
Progressive Disciplinary System
A process where the severity of punishment increases with each subsequent offense within a workplace.
Written Warning
A formal notice given to an employee documenting a performance or behavior issue that needs correction.
First Offence
An individual's initial violation of a rule or law, typically considered when determining penalties or consequences.
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