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Class A Spa
An upscale facility offering premium health and beauty treatments, differentiated by service, amenities, or exclusivity criteria.
Present Value
The worth at present of a sum of money expected in the future or of ongoing cash payments, when discounted at a specific rate of return.
Capital Cost Allowance (CCA)
A form of tax depreciation that allows a business to deduct the cost of a depreciable property, such as buildings or equipment, over a number of years.
Fixed Assets
Long-term tangible pieces of property or equipment that a firm owns and uses in its operations to generate income.
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