Examlex
Net present value is defined as the difference between the present value of the project's net cash inflows and the cost of investment.
British Monarchy
The constitutional monarchy ruling over the United Kingdom and its overseas territories, with a history that stretches back over a thousand years.
Articles of Confederation
The first constitution of the United States, ratified in 1781, which created a loose confederation of sovereign states and a weak central government.
Continental Congress
The convention of delegates from the Thirteen Colonies that became the governing body of the United States during the American Revolution.
Constitutional Authority
The powers and rights granted to branches of government or officials by a constitution, forming the legal basis for their actions and decisions.
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