Examlex
In CLV calculations the discount rate is based solely on the current interest rate.
Super Bowl
An annual championship game of the National Football League (NFL) in the United States, culminating a season that begins in the late summer of the previous calendar year.
Protestant Ethic
Is the 16th- and 17th-century Protestant belief that religious doubts can be reduced, and a state of grace assured, if people work diligently and live ascetically.
Capitalist Development
The growth of economies characterized by private or corporate ownership of capital goods, investments, and the creation of goods or services for profit.
Protestant Work Ethic
A value system emphasizing hard work, diligence, and efficiency as a means to improve one's economic status and spiritual salvation.
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