Examlex
An equi-join is a join in which one of the duplicate columns is eliminated in the result table.
Sunk Cost
A cost that has already been incurred and cannot be recovered.
Stand-Alone Principle
A method of evaluating investment projects as if they were the only project the company is undertaking, assessing their viability on their individual merits.
Depreciation Tax Shield
The reduction in income tax that results from the allowance for depreciation, which can be considered a non-cash expense that decreases taxable income.
Equivalent Annual Cost
Equivalent annual cost is a financial analysis tool used to compare the cost effectiveness of different projects or investments with differing lifespans by calculating their equivalent cost per year.
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