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When You Use the Compare Feature, Word Shows the Differences

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When you use the Compare feature, Word shows the differences between two documents as tracked changes.


Definitions:

Lessor

The party that leases or rents out a property or asset to another party, known as the lessee.

Present Value

The present value of a future amount of money or series of cash inflows, discounted by a particular return rate.

Fair Market Value

The price at which an asset would trade in a competitive auction setting, reflecting the value agreed upon by a willing buyer and seller.

Capital Lease

A lease classified as a purchase by the lessee for accounting purposes, as it involves the transfer of ownership rights of the asset to the lessee.

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