Examlex
The Gordon model is based on the premise that the value of a share of stock is equal to sum of all future dividends it is expected to provide over an infinite time horizon.
E-books
Digital versions of books, readable on electronic devices such as computers, tablets, and e-readers.
National Defense
Government-provided security against foreign aggression, encompassing the military forces and other defense measures.
Common Resource
A resource like air or water that is not owned by anyone, is available for everyone to use, but can become depleted if overused.
Excludable
A characteristic of a good for which it is possible to prevent individuals from enjoying its benefits unless they pay for it.
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