Examlex
Operating leases help to shift the risk of obsolescence from the user to the lessor.
Expected Utility
A theory in economics that calculates the utility expected from different outcomes, considering their probabilities.
Game of Chance
A game where the outcome is strongly influenced by random factors or luck.
Risky Venture
A business or investment undertaking that has a significant degree of uncertainty or potential for financial loss as well as gain.
Rainfall Patterns
Variations in the amount and timing of rainfall over a particular area, significantly impacting agriculture and water supply.
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