Examlex
If the discount (or interest) rate is positive, the present value of an expected series of payments will always exceed the future value of the same series.
Urban Open Space
Areas in urban environments reserved for parks, green spaces, and recreational activities, contributing to environmental and public health.
Urban Sprawl
The uncontrolled expansion of urban areas into the surrounding countryside, often criticized for environmental and social reasons.
Megacities
Extremely large cities, typically with a population of over 10 million people, often facing unique social, economic, and environmental challenges.
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