Examlex
The difference between the before-tax cost and after-tax cost of an asset equals the net present value of the tax savings from any cost recovery deductions with respect to the asset.
Commit
To pledge or bind oneself to a certain course or policy; often implies dedicating resources or time.
Nash Equilibrium
A concept within game theory where no player can benefit by changing strategies while the other players keep theirs unchanged.
Gas Pump
A device at a gas station that dispenses fuel for vehicles.
Local Ordinance
A law or regulation enacted by a local government authority, such as a city or county, to manage local issues and concerns.
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