Examlex
Kieffer extends Biddle's three dimensional model of intimacy by adding the idea of:
Incremental Borrowing Rate
The interest rate a lessee would have to pay to borrow over a similar term the funds necessary to purchase or lease an asset.
Non-interest-bearing Note
A promissory note in which no interest is earned or paid over the life of the note, with the borrower repaying only the face value of the note.
Straight-line Method
A depreciation method that allocates an equal portion of the cost of a fixed asset to each year of its useful life.
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