Examlex
Most businesses create two sets of backup tapes.
Large Sums
Large sums typically refer to a significantly high amount of money in various financial contexts, including investments, transactions, or savings.
Mutually Exclusive Projects
In capital budgeting, projects that automatically exclude one another. Projects are mutually exclusive either because they’re different approaches to doing the same thing or because limited resources preclude doing more than one.
Meeting Need
The process or action of satisfying a requirement, demand, or essential condition.
Profitability Index
A calculation used to assess the desirability of an investment, based on its present value of future cash flows relative to its initial cost.
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