Examlex
What jurisdiction was the first to implement probation as a form of criminal sanction?
Opportunity Cost
The loss experienced from bypassing the following superior alternative in the course of decision-making.
Capital
Refers to financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories.
Corporate Bond
A debt security issued by a corporation and sold to investors, promising to pay back with interest at a future date.
Outputs
The goods or services produced by a company or an economy.
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