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What is deregulation? Explain its role in privatization.
Installment
A method of paying for goods or services or the repayment of a loan in parts, typically on a monthly basis, over a period of time.
Cost Recovery
The process of regaining the value of an investment or expense, often through depreciation, amortization, or directly recouping expenses.
Gross Profit
The financial metric that represents the difference between revenue and the cost of goods sold (COGS) before deducting overhead, payroll, taxation, and interest payments.
Net Sales
The revenue a company earns from sales after subtracting the money refunded for returns, compensation for damaged or missing items, and any discounts offered.
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