Examlex
Channels of communication such as staff discussions in the lunchroom, or company "gossip" are considered
Current Portion
The portion of long-term liabilities that is due to be paid within the next twelve months.
Operating Lease
A leasing agreement that allows for the use of an asset but does not convey rights of ownership, often treated as an operational expense rather than a capital expense.
Lease Liability
An obligation representing the present value of future lease payments under a leasing agreement.
Present Value
The current valuation of a future sum or ongoing cash flows, given a specified rate of interest.
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