Examlex
Points paid by the owner of a personal residence to refinance an existing mortgage must be capitalized and amortized over the life of the new mortgage.
Average Rate of Return
A financial ratio that demonstrates the profitability of an investment by comparing the average annual profit to the initial investment cost.
Average Investment
Average investment refers to the mean value of the initial and final investment over a certain period, often used in calculating returns and payback periods.
Average Annual Income
The average amount of money earned per year over a specified period.
Net Cash Flow
The difference between a company's cash inflows and outflows over a specific period of time.
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