Examlex
When a photon of light is absorbed by a pigment molecule, electrons jump to an excited state. What is one possible fate of these excited electrons?
Amortization
Amortization is the process of spreading the cost of an intangible asset over its useful life, similar to depreciation but for non-physical assets.
Gain
The financial benefit that occurs when the selling price of an asset exceeds its purchase price or carrying value.
Loss
A financial condition where expenses exceed revenues, indicating negative financial performance.
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