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MNCs have been praised by some and condemned by others. What are the pros and cons of MNCs in the Global South? On the whole, has their presence there produced positive or negative effects?
Capitalized
Expenses or costs that are added to the value of an asset and expensed over time through depreciation or amortization, rather than immediately.
Perpetuity
An annuity that pays a fixed amount of money for an infinite amount of time.
Amortized
The process of gradually paying off a debt over time in regular installments of interest and principal sufficient to repay the loan fully by its maturity date.
Preferred Stock
A type of stock that typically pays fixed dividends and has priority over common stock in dividend payments and asset liquidation.
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