Examlex
A farmer can avoid delivery on a futures contract by buying an offsetting futures contract.
Start-Up Costs
The initial expenditures that are required to establish a business, including expenses such as licenses, marketing, inventory, and property leases.
Sales Revenue
The income received from selling goods or services over a certain period of time.
Regulatory Agency
An organization established by the government to enforce laws, rules, and regulations within specific industries.
First-Mover Advantage
The benefit gained by a company that first introduces a product or service to the market, often achieving significant brand recognition and customer loyalty.
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