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Debt
Debt refers to money borrowed by one party from another, under the condition that it is to be repaid, usually with interest.
Externality
An economic term referring to a cost or benefit incurred or received by a third party who has no control over how that cost or benefit was created.
Capital Budgeting
The process of evaluating and selecting long-term investments that are in line with a company's goal of maximizing shareholder value.
Project Cash Flow
The net amount of cash and cash-equivalents being transferred into and out of a project, reflecting its operational activity and financial health.
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