Examlex
Suppose all of the major computer manufacturers announced that beginning next month there would be major price reductions on their computers. This would cause the current demand for computers to
Terminal Value
The estimated value of a business or project beyond the explicit forecast period, often assumed to have a steady growth rate.
Salvage
Salvage relates to the estimated resale or scrap value of an asset at the end of its useful life, which is considered when calculating depreciation expenses.
Erosion
The gradual reduction or depletion of an asset's value or the profitability of a business operation, often due to external factors.
Sunk Cost
A past expenditure that has already been incurred and cannot be recovered, which should not affect current or future financial decisions.
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