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If capital lasts an average of 25 years, the depreciation rate is percent per year.
Progressive Discipline Policy
A policy that applies increasingly severe penalties for repeated offenses in order to correct employee misconduct.
Binding Arbitration
A legal process in which a dispute is resolved by an impartial third party, with the decision being final and enforceable.
Binding Arbitration
A method of dispute resolution where a neutral third party makes a decision that is legally binding on both sides.
Arbitrator's Decision
The final judgment or resolution made by an arbitrator in a dispute resolution process.
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