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The Cold War
Depreciation Tax Shield
The reduction in income tax expense realized by depreciating fixed assets for tax purposes.
CCA Class
Classified as Capital Cost Allowance, it refers to the categorization in tax systems for claiming depreciation expense for tax purposes.
Borrowed Funds
Money that has been obtained through loans or credit from financial institutions or individuals, which typically needs to be repaid with interest.
Incremental Annual Cash Flow
The additional cash flow an organization receives from taking on a new project or investment, calculated on an annual basis.
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