Examlex
What is a computer network that relies on the computing power and bandwidth of the participants in the network rather than a centralized server?
Before-Tax Profit
The earnings of a company before taxes have been deducted, representing its profitability.
Fixed Costs
Expenses that do not change with varying levels of production or sales, such as rent or salaries.
Recession
A significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
After-Tax Profit
The net income after all taxes have been deducted, reflecting the actual profitability of a company.
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