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Which generational cohort appreciate the opportunity to engage in collaborative consumption,also known as peer-to-sharing or the sharing economy?
Initiation Fees
Fees charged to initiate a service or to join a club or organization, often as a one-time cost for new members.
Endowment Contributions
Donations endowed to an institution meant for investment to provide a continuous source of funding.
Externally Restricted
Pertains to funds or resources that are subject to restrictions regarding their use, imposed by external parties or agreements.
Deferral Method
An accounting method whereby revenue or expenses are postponed to future accounting periods to match revenues with expenses in the period in which they occur.
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