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Net Present Value
A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows.
Capital Budgeting
The process of planning and managing a firm’s investment in long-term assets.
Net Advantage
The overall benefit or gain achieved from a specific decision, action, or investment, considered after accounting for all relevant costs and drawbacks.
Operating Lease
A lease agreement allowing for the use of an asset without ownership, typically with shorter terms than a finance lease.
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