Examlex
Explain why most modern websites use some form of JavaScript within their website.
Intangible Asset
An asset that lacks physical substance, such as intellectual property, brand recognition, and trademarks.
Uncertainty
A situation where the outcome, extent, or implications of an event or condition are unknown or unpredictable.
Discount Rate
The interest rate used to discount future cash flows of a financial instrument to obtain the present value.
Purchased Goodwill
An intangible asset that arises when a company acquires another business for more than the fair value of its net identifiable assets at the acquisition date.
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