Examlex
The proposal section of a proposal should include just enough details to persuade the reader that the plan can work for his or her organization.
Tax Shield
A reduction in taxable income for an individual or corporation achieved through claiming allowable deductions such as interest on loans.
Noncash Expenses
Expenses recorded on an income statement that do not involve actual cash flow, such as depreciation or amortization.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision, representing the benefits one could have received by taking a different decision.
Opportunity Cost
The economic consequence of not opting for the immediate secondary option when a decision is made.
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