Examlex
A number of states and local governments have implemented initiatives for performance measurement and performance budgeting. Examples include all of the following EXCEPT:
Patent Infringement Suit
A legal case brought by a patent holder against another party accused of using, making, or selling a patented invention without permission.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Useful Life
The estimated duration for which an asset is expected to be functional and economically viable for its intended purpose.
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