Examlex
By default, the gap between columns is ________ inch.
Technical Obsolescence
Technical obsolescence occurs when a product or component becomes outdated or less useful due to technological advancements, not because of physical wear.
Economic Conditions
The overall state of a country or region's economy, characterized by factors like GDP growth, unemployment rate, and inflation.
Initial Recognition
The first accounting entry for an asset or liability, marking its introduction in the financial statements at its fair value.
Financier Lessor
An entity engaged in the business of leasing out assets, typically providing the finance to purchase the asset which is then leased to the user.
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