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Free association is free in the sense of being uninfluenced by neurotic conflicts.
Interest Rate
The percentage of the principal amount charged by a lender to a borrower for the use of assets, usually expressed as an annual rate.
Down Payment
An initial, upfront payment made for the purchase of an asset, with the balance of the price to be paid later.
Present Value
The valuation today of an incoming stream of cash or one-time future payment, after accounting for a specified rate of return.
Cash Outflows
Money or cash disbursed by the business for various purposes, such as paying expenses, investing in assets, or repaying debts.
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