Examlex
Dynamic content includes special features for easily creating and working with spreadsheet data.
Probability
A quantification of an event's probability, on a scale from 0 to 1, where a 0 denotes the event is impossible and a 1 denotes the event is assured to occur.
Foreclosed
A legal process where a lender takes control of a property from a borrower who has failed to meet the terms of their loan.
Vickrey Auction
A sealed-bid auction where the highest bidder wins but pays the amount bid by the second-highest bidder.
Willingness To Pay
The maximum amount an individual is ready to spend to acquire a good or service.
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