Examlex
Delinquency is any behavior that is prohibited by the juvenile law of the state.
Efficiently Allocating
The process of distributing resources in a manner that maximizes the net benefits received from their use.
Long-term Investment
Assets that are held for an extended period, typically over one year, to generate growth, income, or capital gains, such as stocks or real estate.
Present Value
The existing value of a forthcoming sum of money or cash flow sequence, adjusted for a specific return rate.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
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