Examlex
Damage caused to shrubs by branches falling from overhead trees is an example of
Lump Sum
A one-time payment made for a particular purpose, rather than recurring payments over time.
Future Value
The amount of money an investment is expected to grow to over a period of time when interest or dividends are reinvested.
Straight-Line Depreciation
A method of allocating the cost of a tangible asset over its useful life in equal annual amounts.
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