Examlex
The most diverse, successful, and familiar group of plants today are the:
Present Value
The value today of a sum of money to be received in the future, or a series of future payments, based on a chosen rate of return.
Minimum Lease Payments
The lowest amount that a lessee is expected to pay over the lease term, as specified in a lease agreement.
Leased Asset's Fair Value
The estimated market value of an asset under lease, which should represent what the asset would sell for in an arm's length transaction.
GAAP
Generally Accepted Accounting Principles, a common set of accounting principles, standards, and procedures that companies must follow when they compile their financial statements.
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