AGFLATION
An escalation in the price of food that is a result whenever there is an increased of demand from human which in turn is used as an alternative source of energy. The effects of agflation is mostly passed on to the consumers despite its absorption from to the competition from different supermarkets. The etymology of the term is a combination of "agriculture" and "inflation".
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Lifespan of an asset or a liability in which its value is expected to either increase or decline, depending on its nature.
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