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Operating Costs
The expenses associated with the day-to-day functioning of a business, including salaries, utilities, and rent.
Useful Life
The expected period over which a fixed asset is anticipated to be usable by the company.
Limousine
A luxury vehicle driven by a chauffeur, often elongated in form, used for special occasions or services.
Discount Rate
The rate of interest applied to discount future cash flows back to their current value, commonly employed in evaluating investments and planning for capital expenditures.
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