Examlex
Older R-12 refrigerants turns to deadly phosgene gas if allowed to contact an open flame or an extremely hot metal surface.
Board Of Governors
The executive leadership of an institution or organization, such as the Federal Reserve in the United States, responsible for setting policies and overseeing operations.
Industry Life Cycle
Describes the stages of growth and development that an industry goes through from its inception to decline, typically including introduction, growth, maturity, and decline phases.
Relative Decline
A situation where a country, economy, or entity experiences a decrease in its position or condition compared to others.
Consolidation
The process by which businesses combine to form a new entity or one business absorbs another, often to increase market share and reduce competition.
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