Examlex
Acid deposition occurs when acid particles are held in rain, sleet, snow, clouds, fog, dust, and smoke and then fall to the ground, resulting in damage to plants, animals, forests, and bodies of water.
Profitability Index
A financial metric used to evaluate the desirability of an investment, calculated as the present value of future cash flows divided by the initial investment.
Payback Period
The duration required for an investment to generate cash flows sufficient to recover its initial cost.
AAR
Average Annual Return, which measures the average return generated by an investment per year over a specified period.
NPV
Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows.
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