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Lossy Compression Techniques Discard Some Data from an Image to Shrink

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Lossy compression techniques discard some data from an image to shrink its file size.


Definitions:

Spread

The difference between two prices, rates, or yields, often referring to the bid-ask spread in securities.

Direct Costs

Expenses that can be directly tied to the production of specific goods or services, such as labor and materials.

Floatation Costs

The various costs associated with taking a company public, including legal, accounting, and marketing expenses, among others.

Firm Commitment

A definitive promise by an underwriter to purchase all of an issuer's securities at a specified price for resale to the public.

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