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Depreciation
The process of allocating the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Real-options Analysis
A financial modeling technique for valuing flexibility and decision-making in investment under uncertainty.
Incremental Analysis
The examination of the additional costs and benefits of certain decisions, focusing on the changes that would occur from choosing one alternative over another.
Payback Method
A capital budgeting technique that calculates the time required to recoup the cost of an investment.
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