Examlex
Fourth-generation languages (4GL) are programming languages that look similar to human languages. For example, a typical 4GL command might state, "FIND ALL RECORDS WHERE NAME IS 'SMITH'."
Net Present Value
A financial metric that evaluates the profitability of an investment or project by calculating the present value of expected future cash flows, minus the initial investment cost.
Annuity
A financial instrument that disburses a set series of payments to a person, often employed as a revenue flow for individuals in retirement.
Rate of Return
The increase or decrease in the value of an investment for a given time frame, represented as a proportion of the investment's starting price.
Present Value Factor
A factor used in discounting future payments or receipts to determine their present value, considering the time value of money.
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