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From that point on, "planned obsolescence" became Stevens' catchphrase. By his definition, planned obsolescence was "Instilling in the buyer the desire to own something a little newer, a little better, a little sooner than is necessary." [12] The phrase was quickly taken up by others, but Stevens' definition was challenged.
Time value of money problems involve the net value of cash flows at different points in time. In a typical case, the variables might be: a balance (the real or nominal value of a debt or a financial asset in terms of monetary units), a periodic rate of interest, the number of periods, and a series of cash flows. (In the case of a debt, cas
The Fed is anticipated to hold its benchmark overnight rate steady in the 4.25%-4.50% range at its meeting later this month, but investors had expected the pause to last until perhaps June, with ...
The Sydney Opera House was expected to be completed in 1963. A scaled-down version opened in 1973, a decade later. The original cost was estimated at $7 million, but its delayed completion led to a cost of $102 million. [10] The Eurofighter Typhoon defense project took six years longer than expected, with an overrun cost of 8 billion euros. [10]
Kate Middleton Will Be Queen "Sooner" Than Expected, But Health Is Her Main "Priority" ... the monarchy is the definition of "institutional preparedness,” and plans are changing frequently to ...
A decision about Erik and Lyle Menéndez's murder case came sooner than expected due to a few reasons. After there was renewed interview in Erik, 53, and Lyle's high-profile case 25 years later ...
A thesaurus or synonym dictionary lists similar or related words; these are often, but not always, synonyms. [15] The word poecilonym is a rare synonym of the word synonym. It is not entered in most major dictionaries and is a curiosity or piece of trivia for being an autological word because of its meta quality as a synonym of synonym.
Here's why Americans are leaving the workforce earlier than they would like. Almost 6 in 10 American retirees stopped working sooner than they had planned — and most weren't financially ready.