Examlex
How can one tell a winning strategy from a strategy that is mediocre or a loser?
Revenue
The total amount of money generated from the sale of goods or services before any expenses are subtracted.
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 (impossible) and 1 (certain).
Foreclosed
The legal process by which an owner's right to a property is terminated, usually due to failure to meet mortgage payment obligations.
Vickrey Auction
A sealed-bid auction where the highest bidder wins but pays the second-highest bid price.
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