Examlex
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Marginal Tax Rate
The rate at which your last dollar of income is taxed, essentially the tax rate that applies to each additional dollar of income.
Start-Up Cost
Expenses incurred before a business begins operating, including costs such as legal fees, marketing, equipment purchases, and rent.
Crossover Rate
The point at which two or more projects have the same net present value or rate of return, used in capital budgeting to compare projects.
Mutually Exclusive
Situations or events that cannot occur at the same time, often referring to investment choices or project decisions in finance.
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