Examlex
Unemployment that is the result of deregulation, corporate downsizing, and the closure of military
bases is best categorized as frictional unemployment.
Present Value
The immediate value of a prospective sum of money or stream of cash flows, using a specific interest rate for calculation.
Equivalent
A term expressing a state of equality or equivalency in value, function, or meaning.
Cash Held
Physical money held by a business in its cash registers or cash box, used for daily operations.
Present Value
The present-day valuation of coming monetary sums or cash flow sequences, upon applying a defined rate of return.
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