Examlex
Welding is a process of joining any two or more pieces of metal by heating the material to a temperature high enough to cause softening or melting.
Simple Rate
An interest calculation method where the interest charge is calculated only on the principal amount, without compounding.
Net Operating Income
A company's income after operating expenses have been subtracted but before income taxes and interest are deducted.
Initial Investment
The amount of money used to start a project, purchase an asset, or initiate operations in a business.
Salvage Value
The projected sell-on value of a property when it reaches the end of its operational lifespan.
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