Examlex
Syntellect Interactive Services developed _______________ for cable pay-per-view systems.
Direct Lease
A leasing agreement where the lessor buys the asset chosen by the lessee and then leases it back to them.
Lessor
The party that leases or rents out a property or asset to another party, known as the lessee.
Present Value
The present value of a future amount of money or series of cash inflows, discounted by a particular return rate.
Fair Market Value
The price at which an asset would trade in a competitive auction setting, reflecting the value agreed upon by a willing buyer and seller.
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