Examlex
For each of the following terms/concepts,give a brief explanation or definition.
Current Year
The present calendar or fiscal year in which a company operates and reports financial transactions.
Opportunity Cost
The benefit foregone by choosing one alternative over another.
Cash Outlay
The actual expenditure of cash or cash equivalent for purchases or services.
Alternative Investments
Financial assets that do not fall into the conventional categories of stocks, bonds, or cash, including commodities, real estate, and hedge funds.
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