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Technological Change
The overall process of invention, innovation, and diffusion of technology or processes.
Future Cash Flows
Estimated future financial transactions that a company expects to receive or pay out.
Fair Value
An estimate of the price at which an asset or liability could be traded in a fair transaction between willing parties, other than in a liquidation.
Straight-Line Depreciation
A method for allocating the financial value of a tangible asset through its lifespan in even yearly payments.
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