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Spreading ridges produce the largest number of great earthquakes (magnitude 8 or higher).
Erosion Cost
Costs that occur when a new project or investment negatively affects the revenues or profits of existing projects or investments.
Class A Spa
An upscale facility offering premium health and beauty treatments, differentiated by service, amenities, or exclusivity criteria.
Present Value
The worth at present of a sum of money expected in the future or of ongoing cash payments, when discounted at a specific rate of return.
Capital Cost Allowance (CCA)
A form of tax depreciation that allows a business to deduct the cost of a depreciable property, such as buildings or equipment, over a number of years.
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