Examlex
Enforcement of laws protecting rights to intellectual property and performance of contractual obligations is ordinarily entrusted to the
Pretax Return
The income an investment generates before taxes are taken into account.
Working Capital
Current assets minus current liabilities, representing the liquidity available to a business for day-to-day operations.
Salvage Value
The forecasted residual value of an asset upon completing its lifespan.
Pretax Return
The income or profit earned by a business before any taxes have been deducted.
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