Examlex
Match each term with its corresponding definition.
-ingestion and destruction of microorganisms or other small particles
Straight-Line Depreciation
An approach that spreads the expense of a physical asset across its productive lifespan in consistent yearly increments.
Capital Lease
A lease classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and benefits of ownership.
Present Value
The value today of a sum of money to be received in the future, or a series of future payments, based on a chosen rate of return.
Minimum Lease Payments
The lowest amount that a lessee is expected to pay over the lease term, as specified in a lease agreement.
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