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In Maslow's hierarchy of needs, lower-order needs differ from higher-order needs as higher-order needs:
Amortization
The process of gradually writing off the initial cost of an asset over a period, often used for intangible assets like patents and copyrights.
Bond Discount
The difference between the face value of a bond and the price for which it sells when the selling price is lower than its face value.
Indirect Method
A cash flow statement technique that starts with net income and adjusts for changes in balance sheet accounts to arrive at operating cash flow.
Capital Expenditures
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.
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