Examlex
Tornadoes are triggered by downbursts of cold, descending air in a thunderstorm.
Initial Cost
The upfront expense incurred to purchase an asset or to initiate a project.
Net Present Value
A calculation that compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.
Required Rate
The minimum return an investor expects to achieve when investing in a particular asset or project.
Payback Period
The duration of time it takes for an investment to generate enough revenue to recover the initial cost of the investment.
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