A Doctor of Philosophy of the University of Oxford in full academic dress. A Doctor of Philosophy degree (often abbreviated Ph.D. , PhD, D.Phil. , or DPhil) or a Doctorate of Philosophy, from the Latin Doctor Philosophiae, is a type of doctorate awarded by universities in many countries.
However, independent expenditures are often used to work around campaign contribution limitations, so a candidate may appear to have a strong outside support network when the money isn't really independently spent but rather provided by people working in concert with the primary campaign committee. References.
Free cash flow (FCF) is the amount of cash that a company has left over after it has paid all of its expenses, including net capital expenditures. Net capital expenditures are what a company needs to spend annually to acquire or upgrade physical assets such as buildings and machinery to keep operating. Formula 6.12.