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An easement gives an exclusive right to possession.
Cash Discount
A reduction in the invoice amount by a seller if the buyer pays within a specified period, incentivizing early payment.
Purchases Discount
Purchases Discount represents a reduction in the price of goods a company buys, usually offered by suppliers as an incentive for early payment.
Opportunity Costs
The loss of potential gain from other alternatives when one alternative is chosen.
Carrying Costs
Expenses associated with holding inventory, including storage, insurance, and obsolescence costs, among others.
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